Business Summary:
This La Cienega bistro with beer, wine and parking has those qualities that everyone seeks when trying to establish a new restaurant concept, or expand an existing one. This restaurant has a high visibility location with convenient access to locals and tourists alike. It feeds off of the Beverly Center and nearby hotel traffic, but also is close enough to the Sunset Boulevard action to attract those out for an evening on the town. With neighbors that include some of the biggest names in the restaurant industry, this location will be ideal for the right restaurant concept.
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| Year
Business was Established: 2008 |
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| Number of Employees:
7 PT |
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| Facilities / Terms of Lease:
This 1,400 sq. ft. facility leases for $4,700 per month, with a lease until February 2010, and a two year option to renew. The facility comes equipped with a full kitchen, manager’s office, male and female restrooms, and a beer and wine license. |
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| Potential
Growth/Expansion:
A buyer will likely seek to build upon the current concept, or change it all together. Given the location, beer and wine license, and onsite parking lot, a new owner may seek to launch any number of venue from this tremendous space. |
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| Competition:
This business is located on La Cienega, between Santa Monica Boulevard and the Beverly Center. As such, it has fantastic street visibility. Naturally, there are several highly popular venues in the area that feed off of one another; however, this one has an actual dedicated parking lot, as well as a beer and wine license which provide it a unique competitive advantage over the others. |
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| Owner
willing to finance:
Not Offered |
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| Owner
willing to train:
2 wks at 20 hrs/wk |
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| Reason for selling:
Personal |
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Seller Reference Number: DeNiro
BusinessMart.com Listing Number: 67905 |
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