Sq Ft
2,500
Type
Restaurants For Sale
Monthly Revenue
$120,000
Monthly Cash Flow
Contact For Info
Annual Revenue
Contact For Info
Annual Cash Flow
Contact For Info
Rent
$7,269

Opportunity Alert: Established Restaurant & Bar in East Downtown L.A.

Once a warehouse-heavy industrial area, East Downtown L.A. has transformed into a vibrant district adorned with colorful murals, sidewalk seating, and an unexpected amount of greenery. In recent years, the neighborhood has evolved to embrace a booming craft brewery and restaurant scene.

This attractive Restaurant and Bar, established in 2014, is located in a charming brick building with high wooden ceilings, offering a versatile space suitable for various concepts. The establishment holds a coveted ABC Type 47 hard liquor license (valued at $140,000), which adds significant value to the property.

Key Features:

  • Spacious Layout: The 2,500 sq ft venue includes a large bar area, a separate dining room, and two patios—one in the front and one on the side—providing ample seating for around 150 guests plus 12 barstools.
  • Diverse Menu: Currently serving lunch and dinner, the menu features a variety of items, including salads, sandwiches, pies, pizzas, and other interesting options to cater to all tastes.
  • Asking Price: $299,000, which includes all equipment, the ABC Type 47 license, 10 years of established goodwill, and a fully staffed operation.

The restaurant boasts clean records and books, and the current owner will provide full training to ensure a smooth transition.

For more information and to discuss this opportunity with the broker, please complete the ‘Non-Disclosure Agreement’ on our website. We will then provide you with the business name, address, full financial details, lease information, and a comprehensive list of included equipment. Additionally, we’ll share the broker’s direct contact information so you can explore this opportunity further.

 
 
 
 

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General Info

Organization
Inc
Established
1980
Current Owner
2014
Employees
20
Reason For Sale
Other Interests

Facilities

Seating
120
Square Feet
2,500
Parking
Street
Licenses
ABC Type 47 transfer, Business & Health Permit
Open Hours
11.00am-10.00pm Sunday-Thursday 11.00am-12.00am Friday & Saturday

Lease

Rent
$7,269
Expiration
2028
Yearly Increase
Contact For Info
Option
5 yr Lease Option
Deposit
$7,269

Financials

Monthly Revenue
$120,000
Monthly Cash Flow
Contact For Info
Annual Revenue
Contact For Info
Annual Cash Flow
Contact For Info
Payroll
Contact For Info

Financing

Down Payment
Contact For Info
Note Balance
Contact For Info
Terms of Note
Contact For Info
All Cash
Contact For Info
DISCLAIMER: The above financial information was supplied by the seller and has not been verified by broker. Broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records, and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.

Location

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