The Bar You've Always Wanted

Asking Price$575,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

listing imageSave

The Bar You've Always Wanted


Asking Price$575,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
This bar is that neighborhood bar that never gets too crowded, has bartenders who’ll actually talk to you, and music you’ll spend the entire night listening to around the coolest crowd on Melrose. Plain and simple, this small Melrose spot is one of those places you can do whatever you want in. Need a nightcap after a sexy date night? Want to rip a few shots at the bar and create your dance floor? Anything goes here.

This is a whiskey bar through and through and known for featuring a large selection of top shelf Whiskey's, Vodkas, Gin's, Tequila's, and Rum's from all over the world as well as all the usual suspects. You can get any drink you want here but no parasols at this joint, this is a high ball bar buddy, just relax and enjoy it.

You want to know about the rent? Well you'll like that too, $4,000/mo fixed to 10/31/28 plus the same through the 1 x 5 year option period. NNN are $1,000/mo.

This is a spot that needs a hands on operator to maximize its profits, its easy to run. Staff is usually 2-3 at opening, 5 at its busiest hours. This bar is a neighborhood fixture, has had the same owner since 1991, its been his passion project and its ready for the next operator.
About the Business
Years in Operation
34
Facilities & Assets
The place includes a very sweet and efficient 1-2 man kitchen with a type 10' 1 hood, 4 burner stove, walk in, glycol system, 2 reach -ins, sandwich station and under counter fridges and a grill that produces great bar food, 2 ADA bathrooms. Many of the bars systems have recently been upgraded including a new Toast POS, Beer counting system for its 24 taps, and other upgrades.
Market Outlook / Competition
The Melrose stretch between Fairfax and La Brea has seen many new restaurants take the stage including Carmel, The Benjamin and Theia increasing nightlife traffic, Olive & James and Marathon Burger during the day pack em in. The usual favorites like Melrose Umbrella, Blu Jam, Ronan, La Couchette, remain busy, popular, and solid as well as the retail stretch of clothing, shoes for sneakerheads, and furniture remains strong. There aren't really any bars in this category or where you can just get a drink and hang out to compete which makes this
Listing Info
ID
2414511
Listing Views
120
Attached DocumentsAttachment Disclaimer

Melrose_Flyer.pdf


Contact Seller

By clicking the button, you agree to BizQuest's Terms of Use and Privacy Notice.

Business Listed by: Linnard Lane High Touch Properties Inc.

Listing ID: 2414511 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.


Similar Listings
Liquor Store - South LA
$950,000Liquor Store - South LALos Angeles, CA
profitable liquor store in L.A.
$959,000profitable liquor store in L.A.Los Angeles, CA
Checkers & Rally’s Restaurants
$350,000Checkers & Rally’s RestaurantsFeatured Franchise
Nightclub and Music Venue in DTLA
$800,000Nightclub and Music Venue in DTLALos Angeles, CA
810 Entertainment
$650,000810 EntertainmentFeatured Franchise
Church's Texas Chicken
$500,000Church's Texas ChickenFeatured Franchise
Meat Grocery Market - Los Angeles
$800,000Meat Grocery Market - Los AngelesLos Angeles, CA
Chocolate Bash
$50,000Chocolate BashFeatured Franchise
Liquor Store - South LA
$950,000Liquor Store - South LALos Angeles, CA
profitable liquor store in L.A.
$959,000profitable liquor store in L.A.Los Angeles, CA
Checkers & Rally’s Restaurants
$350,000Checkers & Rally’s RestaurantsFeatured Franchise
Nightclub and Music Venue in DTLA
$800,000Nightclub and Music Venue in DTLALos Angeles, CA
810 Entertainment
$650,000810 EntertainmentFeatured Franchise