Ref. HZ-SMVY3Y · businessbroker · Restaurant · Bar / Pub
Sports Bar & Restaurant, Live Music, Prime Loc.
Not Disclosed, CA
88% complete
« no financial data provided by the source · data quality 44/100 »
Description
This is a turnkey, full service restaurant and lounge located in Tarzana. The business serves pizza, wings, burgers, appetizers, and beer, with revenue coming from dine in service, online ordering, and catering. Weekly entertainment, including trivia, karaoke, and live music, keeps the lounge a lively neighborhood destination, and sales are trending up. The business occupies approximately 2,600 square feet in a prime location with a lease in place through December 2027 plus a two year option to renew, and the lease is transferable. The premises came fully equipped as a restaurant, with kitchen equipment provided by the landlord for use during the lease term, and the operation is staffed with trained part time employees, including key kitchen staff expected to stay. Inventory of approximately $10,000 is included in the sale. Buyer must qualify for a Type 41 ABC license.
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