Studio City Club Restaurant - Turn Key Fully Equipped

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Turn Key Nightclub in Studio City

Business Description

Turn Key Fully Equipped Operating CLUB Restaurant
ASSET SALE

Premises: Approx. 4300’ + 700’ patio—200 seats
Monthly Rent: $20,000 per mo. + .70 psf nnn
Parking: 150 parking spaces
Lease Term: New Lease
PRICE: $695,000

CUP/ ABC License: Grandfathered since 1994 - 2am liquor
License Friday & Saturday—midnight during week—Live Entertainment and Dance - CUP currently being modified to 7 nights—2 am

Comments: Prime Ventura Blvd. Location—1st Time on Market.

ALL INFORMATION HAS BEEN OBTAINED FROM RELIABLE SOURCES BUT IS NOT GUARANTEED

About the Business

Location:
Studio City, California
Facilities:
Turn Key Fully Equipped Operating CLUB Restaurant
ASSET SALE

Premises: Approx. 4300’ + 700’ patio—200 seats
Monthly Rent: $20,000 per mo. + .70 psf nnn
Parking: 150 parking spaces
Lease Term: New Lease
PRICE: $695,000

CUP/ ABC License: Grandfathered since 1994 - 2am liquor
License Friday & Saturday—midnight during week—Live Entertainment and Dance - CUP currently being modified to 7 nights—2 am

Comments: Prime Ventura Blvd. Location—1st Time on Market.

ALL INFORMATION HAS BEEN OBTAINED FROM RELIABLE SOURCES BUT IS NOT GUARANTEED
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Listing Info

Keywords:
PREMISES: 5500’ + 3 PATIOS 2500’ + BANQUET ROOM + PARKING LOT + TWO RENTAL HOUSES Monthly Rent: $30,000 per mo. + NNN Lease Term: 10 yrs. SALES & PROFITS: $3 MIL PER YR. & $500,000 PER YR. Parking: Exclusive Valet Parking Lot + more LICENSES: 2 am Liquor Lic + Live Entertainment + Catering and Venue Portable Bar PRICE: $1,500,000.00 Comments: Beautifully Equipped & furnished located on Prime Ventura Blvd and Profitable The above information we deem reliable but is not Guaranteed
ID:
1346472
Ad Detail Views:
1927

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Asking Price:
$695,000

Gross Revenue:
 Not Disclosed
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Listed by

Ira Spilky

Ira Spilky & Associates
License# BRE #962830

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