Silverlake Restaurant With Beer & Wine Bar & Patio Businesses For Sale in California,United States at FranchiseLeader.com - Buy Franchises, Sell Franchises, Franchise Businesses for Sale

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Silverlake Restaurant With Beer & Wine Bar & Patio

Location  California,United States
Asking Price Range  $250K - $500K
Gross Revenues  $414000
Net Profit / Cash Flow  $77715
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2008
Number of Employees  6 - 9
Relocatable  Not Disclosed
Number of Employees  6 - 9
Real Estate  Leased
Training  2 wks at 20 hrs/wk
Reason for Sale  Personal.
Description  This quaint Silverlake Area restaurant boasts two small but adorable beer and wine bars in addition to a stellar outdoor patio. The restaurant occupies an ideal Sunset Boulevard location and benefits from excellent street frontage, coupled with accessible street parking and the opportunity for additional parking in an adjacent parking lot. The facility, whose focal point is its warm and friendly outdoor patio with a 65 person capacity, may be taken into any number of directions given that with the requisite investment, buyers may be able to add a liquor license. Asking Price $215,000. This compact 700 square foot facility with an 800 square foot patio leases for $2,600 per month on a lease valid until 2014 with options to revenue. The sale includes all of the businesssƒ?s furniture, fixtures and equipment (except soda fridge and machine), as well as its comprehensive website and beer and wine license. The kitchen is outfitted with a stove, oven, grill, deep fryer, three bucket sink, salad and regular prep tables, 2 two door refrigeration units, ice machine, etc. This bar and restaurant is located on the equivalent of Silverlakeeƒ?s restaurant row and entertainment district. As such, there is nearby competition for both dining and nightlife, however, no other venues offer its patrons both unique first rate options under one roof! As a result, this combination restaurant and bar is unlike any other in the area. New owners may seek to take this quaint venue into any number of directions. As the venue only recently added its beer and wine license, new owners may seek to capitalize on the venues ability to serve alcohol by implementing a beer garden concept, complete with sausages, schnitzel and German or craft brews, or they may go in the direction of a quaint outdoor Bistro or Brasserie focusing on tapas and wine, or they may seek to implement full liquor and try to create a Mexican Cantina concept.
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