Bar And Grill - Hot Spot In West Hollywood - Los Angeles, California

Description

This West Hollywood bar and grill, which has been a perennial hot spot for nearly 15 years, boasts stellar street visibility, an ideal outdoor patio, entertainment, and its own onsite parking lot. The hotspot is known for its eclectic menu, creative cocktails, lively atmosphere, and festive events that range from karaoke nights to all-day holiday celebrations. The popular venue caters to a variety of locals and visitors with a balance of globally inspired dishes, comfort food, and a fantastic beer and cocktail selection. The business has a $550k EIDL loan that may potentially be assumed by a buyer in lieu of seller financing. This 5k square foot venue leases for $25.5k including triple net (NNN) expenses on a new 10-year lease with options to be negotiated. All of the business’s furniture, fixtures, equipment, and Type 47 Liquor License will be included in the sale. As this will be treated as an asset-only sale, the venue’s financials, name, concept, menu, customer lists, and s