L.A. Area Hospitality Group – Several Highly Attractive Locations!

Los Angeles, CA (Los Angeles County)

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Asking Price: $3,950,000

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Gross Revenue: N/A

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L.A. Area Hospitality Group – Several Highly Attractive Locations!

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Business Description

This established bar, lounge and restaurant hospitality group boasts multiple locations. The opportunity is only available to serious operators who are established and already possess both the financial and operational wherewithal for such an organization. The operations do have kitchens and varying degrees of a food component. Additional information on this sale will only be made available to principals, with a non-disclose agreement and sufficiently completed prospective buyer profile in place.

Detailed Information

Facilities:
Each lease is secure and has 5-10 years of additional coverage provided. Each location’s liquor license will be included.
Competition:
While the Greater Los Angeles area is a highly competitive one for all aspects of the hospitality industry, the group successfully caters to a particular market segment that not only provides it a unique point of differentiation from others, but also help it maximize efficiency.
Growth & Expansion:
New operators may take this unique opportunity in any number of directions.
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Michael Wildeveld - CBB, CBI, CM&AP, M&AMI, CEPA

Business Listed By:
Michael Wildeveld

Veld Mergers & Acquisitions

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Memberships & Certifications:
Indicates membership in The California Association of Business Brokers (CABB). The CABB Certified Business Broker (CBB) certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the CABB.

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