Rare opportunity to acquire a 4,500 SF restaurant space with a Type 47 (full liquor) license located on one of the most active and desirable stretches of Ventura Boulevard in Sherman Oaks.
The property sits directly across from Ralphs and is surrounded by a strong mix of well-known, high-performing restaurant brands, including Bacari, Sugarfish, Mendocino Farms, and other national retailers. The presence of these established operators highlights the strength of the location and consistent consumer demand, making this one of the core dining corridors in Sherman Oaks. The site is also conveniently located near Whole Foods Market, further supporting steady daily traffic.
The current business, Bamboo Cuisine, has been established since 2005 and is recognized in the community, with a loyal customer base and a history of being frequented by celebrities and local regulars. Even under its current operation, the business generated approximately $1.55M in annual sales (June 2024 – May 2025).
However, the true value of this opportunity lies in its significant upside potential:
Current operation is underutilized, with limited hours (Mon–Fri dinner only, weekends lunch + dinner)
Interior and equipment would benefit from refresh and repositioning
Existing concept is not fully maximizing the location’s potential
This creates a clear opportunity for a new operator to introduce a stronger concept, expand operating hours, and modernize the space, which could substantially increase revenue.
The space is fully built out with a full kitchen, bar area, and large dining capacity, and the Type 47 liquor license adds tremendous value — allowing for bar-forward concepts, lounges, nightlife-driven dining, or upscale repositioning.
This is a concept-flexible opportunity — you are not limited to the current cuisine. With the combination of prime location, strong surrounding demographics, and a full liquor license, a new operator can execute a wide range of concepts and significantly elevate performance.
Lease details:
Rent: ~$16,000/month (including NNN)
Remaining term: ~3.5 years with options
Key Highlights:
Type 47 (full liquor license – beer, wine & spirits)
Located on one of the busiest dining corridors in Sherman Oaks
Across from Ralphs and near Whole Foods Market
Surrounded by strong brands (Bacari, Sugarfish, Mendocino Farms, etc.)
500,000+ population within 5 miles (dense trade area)
Established since 2005 with strong recognition
$1.55M annual sales even under limited operations
Significant upside through repositioning and extended hours
4,500 SF full-service restaurant with bar
Ideal for new concept or brand expansion
This is a rare, location-driven opportunity with clear upside, ideal for experienced operators looking to rebrand, renovate, and unlock the full potential of a high-traffic Ventura Blvd location.