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BAR / LOUNGE / CLUB For Sale in Koreatown

Los Angeles, CA (Los Angeles County)

Asking Price:$250,000

Established:Not Disclosed

Asset Sale Description

District Realty Group, is pleased to present the opportunity to own an
established turnkey restaurant & bar in prime Koreatown. Paper Tiger Bar
comes with a very attractive, below market rent and stabilized increases. The
unique building layout allows for an operator to implement their own business
for the entire space or even a dual-concept. The establishment is known for
its great cocktails, complemented by popular bar food.
CURRENT RENT
$6,000/Month (Including NNNs) - Lessor Pays For Water
TERM
New Lease To Be Negotiated
SIZE
2,500 +/- SF*
LICENSE
ABC Type 47 / Live Entertainment / Dancing
CURRENT HOURS OF OPERATION
Wed-Saturday 9pm-2am (Can Adjust Accordingly Subject To City

Ad#:2411808

Attached Documents

Paper Tiger Bar Brochure...

Detailed Information

Facilities:

Bar / lounge with a full kitchen setup.

Financing:

Seller financing available

Potentially available subject to terms

Support & Training:

Available upon request

Reason for Selling:

Retiring

Business Location

Location:: Los Angeles, CA

Demographic Information for Los Angeles Area Household Income Population Age Population Trend Population by Race/Ethnicity: BizBuySell EDGE

Financial Benchmarks for California Nightclubs and Theaters Gross Revenue Benchmarks Cash Flow (SDE) Benchmarks EBITDA Benchmarks: BizBuySell EDGE

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Asset Sale Listed By:
Eon Lew District Realty Group

Ad#:2411808

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.
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