Great deal on this 48 Bar in WLA long standing and very popular

Los Angeles, CA (Los Angeles County)

dive bar
Contact Seller

Asking Price: $299,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: $0

Inventory: N/A

Rent: $4,800 per Month

Established: 1970

Great deal on this 48 Bar in WLA long standing and very popular

Save Print Share Valuation Report

Business Description

bar

Very rare opportunity to own a bar in WLA and make a great deal todayl
This 48 licensed bar with a small kitchen has been around for decades under same ownership.
Only qualified Bar operators will be considered. Be ready to tell us what you own to discuss this opportunity!
Short term lease (12/31/2023) but great opportunity to own part of this well known bar on the West Side with very low rent.
No books or records will be conveyed because of the current pandemic.
Location is currently closed but everyone expects the re-opening to occur in the next few months.
Only qualified Bar operators will be accepted with proof if funds!!

Detailed Information

Location:
Los Angeles, CA
Real Estate:
Leased
Building SF:
1,900
Lease Expiration:
12/31/2023
Employees:
6
Facilities:
This is a classic 48 bar with pool table, games and karaoke. Lots of bar stools and table for guests. Small kitchen that can be used for bar food.
Competition:
several other bars in the area, but after decades this is established as a fan favorite for several reasons.
Growth & Expansion:
This is the best part of the WLA demographics that have spendable income to continue to return to bars upon re-opening!
Support & Training:
Seller will train for 2-3 weeks
Reason for Selling:
retirement
Contact Seller

Contact the Seller

(from currently available funds)
 
Contact Seller Loading

By clicking the button, you agree to BizBuySell’s  Terms of Use and Privacy Policy


joseph khoury

Business Listed By:
joseph khoury

Boomer Productions

Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in The California Association of Business Brokers (CABB).

Report an issue with this listing

Listing Statistics

Saved This Listing:
Unlock
Days Active On Site:
Unlock
Appeared in Search:
Unlock
Listing Detail Views:
Unlock


Ad#:1802757

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


Naturals2Go

Franchise Opportunity
Cash Required: $51,000