Woodland Hills Area Restaurant & Lounge w/Liquor – Versatile High End

Woodland Hills, CA (Los Angeles County)

Woodland Hills Area Restaurant & Lounge w/Liquor – Versatile High End

Asking Price:$129,000

Cash Flow:N/A

Gross Revenue:$1,500,000





Woodland Hills Area Restaurant & Lounge w/Liquor – Versatile High End

Get Financing Save Print Share Valuation Report

Business Description

This Woodland Hills Area restaurant and lounge boasts liquor, live entertainment, and a first class build-out with a new bar and tap system, floors, gas lines and electric upgrades. The versatile venue has separate bar, lounge and dining areas that may be partitioned into at least 5 distinct banquet, event or private party spaces. It is permitted for a 4 person amplified band nightly, which could make it an ideal jazz bar, and has an overall occupancy for 140 patrons. The kitchen can accommodate any concept, with two separate hoods and an oversize walk-in cooler and freezer.

Detailed Information

This 4,065 square foot restaurant and lounge is in a prime location with excellent freeway access, and complementary dining and entertainment neighbors. The space leases for $20,000 per month, plus $1,000 in common area maintenance (CAM) charges on a lease with 3 years remaining and one 5 year option. All of the business’s furniture, fixtures, equipment and licenses are included in the sale.
This restaurant and lounge is located in a highly coveted market with several high-end and casual dining and entertainment options.
Growth & Expansion:
New operators may seek to take this venue in any numbers of directions. As it is currently absentee owned, it could benefit tremendously from a full-time owner operator with a restaurant background. Alternately, it could be an ideal location for an established concept or one that capitalizes on the entertainment licensing.
Support & Training:
2 Weeks at 20 hrs/wk
Reason for Selling:

Listing Statistics for Premium Members

Ad#:1094210 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's terms & conditions before responding to any ad.

Contact the Seller

Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

Ryan Clark

Business Listed By:
Ryan Clark

The Veld Group

Show Phone Number

View My Listings

Sponsoring Broker:
Michael Wildeveld

Find out more...

Get more details about this business.

Similar Listings

Jon Smith Subs

Franchise Opportunity
Capital Required: $250,000