Beautiful Sports Bar, Restaurant+ Lounge with TYPE 48 LIC

Los Angeles County, CA
Asking Price:$975,000
Gross Revenue:$1,800,000
Rent:$6,500/Month
Cash Flow:$450,000
Inventory:$100,000
FF&E:$250,000
BUSINESS DESCRIPTION

Live music venue and private event space

*CASH ONLY SALE* MUST SEND POF TO QUALIFY** A very rare turnkey type 48 ABC license new bar, restaurant + lounge. Well established neighborhood bar with a brand new full kitchen, menu designed by famous chef. Great location Live entertainment on weekends, private events much much more.
Open till 2 am with no restrictions. 2 separate bars and rooms
MUST SHOW proof of funds for further information*****Cash Only Sale***


DETAILED INFORMATION
Location
Los Angeles County, CA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
4,500
Lease Expiration
01/06/2042
Employees
25
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Brand new bar with great location and lease. management + employees in place. sports bar, speak easy, pool tables, live bands, night club, bar all part of this business. Great long-term lease 10 year+ year option full service gross, over 60k cars a day traffic visibility.
Growth & Expansion
sales are projcected to be $3,-4m with current attractions and projections.
Financing
This is a turnkey business, with all new equipment, type 48 lic
Support & Training
2 weeks
Reason for Selling
other businesses.
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samir r
samir r