This absentee operated Studio City Area bar boasts a Type 48 liquor license with no food requirement, onsite parking, convenient access and loyal client base. The attractive facility, which has been cosmetically refurbished, offers its patrons billiards, games, a juke box as well as a smoking area.
This 1,600 square foot bar leases for $6,600 per month on a lease with 9 years remaining and options to be determined. All of the business's furniture, fixtures, equipment and Type 48 Liquor License will be included in the sale. Liquor inventory will be sold at cost at close in addition to asking price.
This venue can enthusiastically be considered a neighborhood dive bar that has been renovated. As such, it does not face traditional competition from trendy hotspots. Rather, it has a stable crowd primarily comprised of loyal local patrons that are supplemented by evening and weekend revelers.
This bar is currently absentee operated, however, as with many such venues it could tremendously benefit from an experienced hands-on owner operator.