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Speakeasy Bar for sale/ Grandfather License/KTown

Los Angeles, CA

Seller Financing Available

listing image
Asking Price:$595,000
Established Year:2016
Listing ID: 2189048Listing provided by BizBuySell
ASSET SALES DESCRIPTION

Bar/restaurant for sale/Full Liquor/DJ/Live Music

An impressive speakeasy bar located between Korea Town and West Hollywood is available for sale. Dramatic and sophisticated decor. "Intimate" is what most have described. All licenses are current and no liens. Ready for a new operator to take over, and take this beautiful bar to the next level.
HIGHLIGHTS:
-Prime area and close proximity to Hollywood, West Hollywood, and DTLA
-Grandfather CUP, no renewal fee
-DJ Lounge
-Dance area
-Stage for live band/comedy/performances
-Interior 2,500 SF
-Rent is $8700, NO NNN
-Plenty of parking for staff
-3 restrooms
-Type 47
-Full Kitchen
-A ghost kitchen is currently in place as a supplemental income (half of rent). Or the new operator has the opportunity to take back the kitchen and increase sales by another 50%.
-To get more information, fill out the NDA.

ATTACHED DOCUMENTS
NDA- PDF Version.pdf.pdf Download
DETAILED INFORMATION
Location
Los Angeles, CA
Facilities
All furnitures, fixtures, licenses, equipments, and current lease. New operator may want to negotiate for a new lease.
Financing
Seller will consider some financing.
Support & Training
Two weeks if needed.
Reason for Selling
Pursuing other interests.
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