Details - Information last confirmed on March 18, 2021
This West Hollywood Quick Service Restaurant may boast one of the area’s most coveted location due to its accessibility as well as its coveted outdoor patio. The venue’s excellent street visibility and high auto and foot traffic make it the ideal location for a new concept’s flagship store launch, or for an existing concept to dramatically enhance their brand’s footprint. The first class premise’s outdoor patio can accommodate 10 seated and many more standing patrons, while it also has up to 6 shared parking spaces. The venue benefits from its proximity to the area’s high concentration of late night bar and entertainment venues.
This 1,000 square foot restaurant leases for $9,340 per month plus $550 in common area maintenance (CAM) expenses. All of the business's furniture, fixtures and equipment will be included however the concept, name, telephone number, website and recipes will not be part of this asset sale.
While competition certainly exists in this highly popular area, this venue’s dominant location with a patio, extraordinary visibility and onsite parking available provide it a uniquely sustainable competitive advantage.
While the concept is not included in the sale, new operators may wish to capitalize on the coveted location and area’s popularity to launch an entirely new concept that caters to the daytime, afternoon, evening and late night crowds. Alternately, they may rebrand this already proven concept.
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Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.