Tupelo Data Room
American Restaurants, Bars, Pubs & Taverns
Active

Playa Vista Area-Restaurant & Bar w/Full Liquor-Patios-Owner Retiring

Los Angeles County, California, United States
listing image
Asking Price$100k
Revenue$1.17m
EBITDA-
Cash Flow$71k
Description
Turnkey Opportunity Well-established, high-energy urban coastal restaurant and bar located in a bustling, walk-able city district surrounded by restaurants, shops, and theaters. This attractive venue features multiple inviting patios, a beautiful setting, and a lively atmosphere that consistently draws a loyal customer base. The restaurant operates with a 47 full liquor license, offers 36 beers on tap, and provides seating for approximately 150 guests (80 indoors and 70 outdoors). Alcohol service is permitted until 11:00 PM on weeknights and midnight on weekends. The business is manager-run, making it an ideal opportunity for an owner-operator or investor seeking a streamlined operation. The upscale-casual menu highlights burgers, chicken, fish, salads, appetizers, brunch, desserts, craft beer, and signature cocktails. Multiple TVs throughout the space make it a popular destination for sports viewing and social gatherings. This turnkey operation generates over $1.1M in annual revenue and occupies approximately 2,655 square feet. The restaurant is fully equipped with high-quality fixtures and systems, including: - Walk-in beer cooler - Kegerator with 36-tap glycol system - Walk-in food cooler - Liquor cooler - Glass washing machine - 12-foot hood system - 12 TVs - Toast POS system - Security and sound systems - 4 cold prep stations - Double griddle, double fryer, grill, char-broiler, salamander - Two stoves with ovens Included in the sale are all furniture and furnishings, including indoor tables, chairs, bar stools, patio tables, chairs, umbrellas, dinnerware, glassware, flatware, and all small-wares. Inventory is available separately in addition to the purchase price. Landlord requires an experienced restaurant operator with strong financials. An exceptional opportunity to acquire a proven, fully built-out restaurant and bar in a prime urban location!
Real Estate
Rent is $18,054 per month
Building Size: 2500 sq. ft.
Furniture Fixtures & Equipment
$50k
Business is
Absentee Owner
Number of EmployeesPart-Time: 20
Year Established
2015
Reason Selling
Seller is moving out of state
Facilities & Assets
Restaurant w/ 2 outdoor patio areas. Located in walkable residential area, near restaurants, shops, theaters. Street parking available. Walk-in beer cooler, kegerator, 36 tap glycol system, glass washing machine, 12-foot hood, 12 TVs, liquor cooler, walk-in food cooler, 4 cold prep stations, double griddle, double fryer, grill, char-broiler, salamander, 2 stoves with oven, Toast POS system, security system, sound system, dinnerware, glassware, flatware, all small-wares plus, all furnishings.
Support & Training
Seller and or manager will provide training for the transition.
Growth Opportunities
Ability to extend operating hours and expand existing menu.
Financing Options
Cash offers preferred.
Related Categories
American Restaurant for Sale
Bar for Sale
Business for Sale in California
Asking Price$100k