Studio City Bar&Grill - Recent Renovation Ideal for Craft Beer Concept
Business Description
This recently renovated bar and grill has become a popular neighborhood venue for patrons that love to try a variety of craft beers, specialty cocktails, and an eclectic but well curated food selection comprised of comfort foods, salads and more! With its warm ambiance in a relaxed setting, this bar and grill provides the perfect backdrop for lunch, happy hour, casual nights out, social gatherings, or an evening of revelry with friends. The venue’s inviting vibe and varied specialty beer, wine and drink offerings make it a standout destination for those seeking a balance of comfort and sophistication.
About the Business
- Years in Operation
- 1
- Facilities & Assets
- This 2,311 square foot location leases for $15k per month including triple net expenses on a secure lease until 2024. All of the business’s furniture, fixtures, equipment, Type 47 Liquor license and goodwill will be included in the sale. An estimated $10k in inventory will be sold at cost at close in addition to purchase price.
- Market Outlook / Competition
- Nearby bars and lounges provide a variety of dining and drinking options for those denizens looking to grab a bite or a few drinks. In this competitive environment, this venue’s beer, wine and cocktail selection help it to stand out amongst other options.
- Opportunities for Growth
- New management will want to capitalize on this venue’s recent first class remodel, its versatile layout, street visibility and onsite parking lot, to launch any number of potential concepts that may work in this highly flexible space.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 3,068
- Rent
- Not Disclosed
About the Sale
- Seller Motivation
- Personal
- Transition Support
- Seller will train for 1 week at 20hrs/week or as negotiated.
Listing Info
- ID
- 2410246
- Listing Views
- 12
Listing ID: 2410246 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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