Bar lounge / restaurant.
In the heart of Glendale’s arts and entertainment district. This is a rare opportunity to own an upscale yet casual bar lounge / restaurant with a type 47 liquor license. The establishment is 2 level, high ceiling, and nicely decorated with 3 crystal chandeliers, marble and crown moldings. It is a true gem that was built out 2 years ago using the highest quality of craftsmanship, and brand new appliances.
Ground level has: a bar; an open lounge with 4 LED lighted tables, swivel chairs, handmade mosaic glass chairs, 3 big screen TVs, 3 basic registers, and a kitchen that has newer equipment: A refrigerator, a freezer, a fryer, and one electric oven for pizza. Second level has also a bar, and 2 VIP lounge areas. The space is 3,000 SF with2 bathrooms, and a seating capacity of 195 patrons as per occupancy permit. Rent is $11,140/MO; 2 years are left on the lease plus 5 years option. Longer lease can also be negotiated with the landlord. Currently business opens on Thursday, Friday and Saturday from 9:00- 2:00. Operation is 2 years old, run by 5 employees 2 full times , 3 part times and a DJ. Gross sale is 40,000/MO opening only 3 days a week and is growing by the day. This business is not taken full advantage of. New buyer can expand the business: start serving food, opening 7 days a week instead of 3; to making use of the zoning that would allow almost every entertainment aspect (billiard, tavern, and night club). Having a diverse program (karaoke, Armenian, Latin, Greek nights etc.) would also attract different communities and larger crowds. Adding a standup comedy section would also boost the business tremendously. Here is a cozy destination that is booked most of the times for private events especially birthdays. Another good feature is the free parking spaces in nearby 2 large city structures which make it very convenient. Included in the sale are all the furniture, fixtures, equipment, ABC type 47 liquor license, as well as the live entertainment with dance license.
Tons of potentials, will not last.
Venice Restaurant w/Beer & Wine – High Visibility Main Street Location
This Venice restaurant with beer, wine and sidewalk seating is ideally located in an extraordinarily popular area on a high visibility main street throughway. The venue, which has seating for 58 patrons and an onsite bar, boasts a two terminal point of sale system, a tap beer system, a wine cooler, full kitchen with a 6 burner stove, an oven, grill, deep fryer, salad prep table, 2 two door fridges and a reach in freezer. The facility also has a dry storage area and a manager’s office.