Dec 19, 2017This Tarzana area restaurant and bar with liquor boasts a spacious outdoor patio, onsite parking, as well as remarkable Ventura Boulevard frontage that provides it excellent street visibility. The venue was recently updated and launched in recent years. As this is part of multi-location chain, the name and menu will not be included in the sale.

This 2,600 square foot restaurant with a 600 square foot outdoor patio leases for $13,000 per month on a lease that expires in 2026 with one 10 year option. All of the business's furniture, fixtures, equipment and Type 47 Liquor License will be included in the sale. Its brand will not be included. Approximately $20,000 in liquor inventory will be sold at cost at close in addition to purchase price.

While competition exists, this venue does occupy a sought after location with an outdoor patio, an onsite parking lot with 15 spaces, excellent freeway access and main street visibility – providing it a competitive advantage.

The location could thrive with any number of concepts. It will likely tremendously benefit from a full-time onsite working owner – operator who will help ensure stellar customer service while eliminating the need for an onsite general manager and otherwise optimizing staffing.

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