Proven DTLA Corner Bar & Restaurant ABC Type 47

Los Angeles, CA (Los Angeles County)

Seller Financing Available
Great Bar (this is not the actual bar)
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Asking Price: $475,000

Cash Flow: N/A

Gross Revenue: $1,500,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $13,000 /Month

Established: 2008

Proven DTLA Corner Bar & Restaurant ABC Type 47

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Business Description

Proven busy corner in the heart of Downtown Los Angeles amid office buildings, luxury hotels, and in the thick of bustling DTLA.

Type 47 with long hours and lots of flexibility. Full bar, loads of beer taps, great kitchen that could be used for a basic menu or a robust chef-driven concept.

Large patio with loads of visibility.

High ceilings, big bar, great bones - could be a turn-key or inexpensive face lift.

All equipment new or in great shape.

Seller will finance up to 50%

Detailed Information

Real Estate:
Leased
Building SF:
300
Lease Expiration:
N/A
Employees:
12
Facilities:
3,000 square feet. Ideal for many concepts. Easy space to manage to keep labor low.
Competition:
There are tons of bars and restaurants downtown but this location is a clear standout.
Financing:
Seller will finance up to $275,000 for qualified buyer/operator.
Support & Training:
up to 2 weeks.
Reason for Selling:
Owner moved away from Los Angeles and is focused on new business.
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Business Listed By:
C B

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