Studio City Bar And Grill With Recent Renovations
This recently renovated bar and grill has become a popular neighborhood venue for patrons that love to try a variety of craft beers, specialty cocktails, and an eclectic but well curated food selection comprised of comfort foods, salads and more! With its warm ambiance in a relaxed setting, this bar and grill provides the perfect backdrop for lunch, happy hour, casual nights out, social gatherings, or an evening of revelry with friends. The venue’s inviting vibe and varied specialty beer, wine and drink offerings make it a standout destination for those seeking a balance of comfort and sophistication.
Real Estate
Lease
Leasehold Rent
$180,000 per annum
Management Type
This business is owner operated.
Premises Details
This 2,311 square foot location leases for $13k per month including triple net expenses on a secure lease until 2024. All of the business’s furniture, fixtures, equipment, Type 47 Liquor license and goodwill will be included in the sale. An estimated $10k in inventory will be sold at cost at close in addition to purchase price.
Support & Training
Seller will train for 1 week at 20hrs per week or as negotiated
Expansion Potential
New management will want to capitalize on this venue’s recent first class remodel, its versatile layout, street visibility and onsite parking lot, to launch any number of potential concepts that may work in this highly flexible space.
Size In Square Feet
3,068
Competition / Market
Nearby bars and lounges provide a variety of dining and drinking options for those denizens looking to grab a bite or a few drinks. In this competitive environment, this venue’s beer, wine and cocktail selection help it to stand out amongst other options.
Inventory / Stock Value
$10,000
Reason for Selling
Personal
Financials
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