L.A. s Most Romantic Restaurant w/Liquor License & Property Available
Location: California, United States
Category: Food and Beverage
Type: Established
Asking Price: $375,000
Cash Flow: Not Disclosed
Revenue: Not Disclosed
Gross Income: Not Disclosed
Inventory: Not Disclosed
FF&E $50,000 - Included in the Asking Price
Real Estate: $3,250,000 - Not included in the Asking Price
This Greater Beverly Hills area restaurant has likely ranked as Los Angeles s most romantic destination for more years during the 20th Century than any other. The surprising location in one of Los Angeles s most exclusive destinations, and its high income area has made this restaurant s serene setting an 'A-list' celebrity favorite and a wedding reception hot spot for the better part of the twentieth century. This opportunity is being offered for the first time in over 30 years. It comes with an option to acquire the 47 liquor license, and even purchase the nearly 14,000 sq. ft. property for $3.25 ml. (the restaurant itself is approx. 3,000 sq.ft.). The facility lends itself to a high end gourmet concept, a breakfast and lunch paradise, or even a special events center or catering kitchen. The facility has a plethora of attractive patios and plenty of parking spaces, an office, and a separate storage room (approx. 700 sq. ft. not included in the 3,000 sq. ft.) that canbe used for an array of purposes.
Facilities:
The 3,000 sq. ft. facility (plus patios) may lease for $15,000/month NNN depending on the offer, on a 3 to 5 year term and similar option. The kitchen equipment, furniture, fixtures, liquor license (optional), goodwill / intangible assets, etc. will transfer in the sale. The facility has an ideal layout for high volume food service due to its enormous kitchen with parking lot access, its spacious walk-in cooler, and its variety of food preparation and dry storage room.
Financing:
Conventional Financing may be a possibility with Property Sale
Support:
No Training shall be deemed necessary with this operation.
Competition:
This restaurants ultra unique location ensures that no competitor could offer a similar setting within miles. It is a rare and truly unique find in the greater Beverly Hills area.
Growth:
New owners may seek to continue to carry the torch forward with this restaurant s proven concept, or may seek to focus on utilizing the facility for catering and hosting very high-end special events. The facility is extremely versatile, however, a buyer will likely seek to cater to the restaurant s distinguished client base.
Reason Selling: Retirement
Number of Employees:
Year Established: 1960
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