Serve your guests where Paul McCartney and others once drank and dined in the heart of Hollywood. This historic spot features a unique & custom designed interior with banquette seating, booths and table service, plus two private dining rooms, one upstairs and one down, a large outdoor patio, that can accommodate over 100, and famous bar. The patio is perfect for dining, lounge, bar and parties with outside access. The bar area can accommodate up to 50 or more people. There is ambient lighting throughout plus a DJ booth upstairs with an amplifier, computer & JBL speakers. CUP allows service till 2AM and entertainment. Complete with fully equipped kitchen, office space and storage. This is an asset sale. The name is not included in the sale. The owner is absentee and the business is well run by management.

General Info

  • OrganizationContact For Info
  • Established2004
  • Current Owner2004
  • Employees25
  • Reason For SaleOther Interests

Facilities

  • Seating100 inside plus patio
  • Square Feet3500 plus large patio
  • ParkingStreet and lots
  • LicensesABC License, City Business License, Health Dept Permit
  • Open HoursSat-Thur 5PM-2AM- Fri 12PM-2AM

Lease

  • Rent$25,000 with cams
  • ExpirationJan 2024
  • Yearly IncreaseContact For Info
  • Option2- 5 year option expire 2034
  • DepositYes

Financials

  • Monthly RevenueContact for Info
  • Monthly Cash FlowContact For Info
  • Annual Revenue$1,283,846
  • Annual Cash FlowContact For Info
  • Payroll$Contact For Info

Financing

  • Down Payment$Contact For Info
  • Note Balance$Contact For Info
  • Terms of NoteContact For Info
  • All CashContact For Info

DISCLAIMER: The above financial information was supplied by the seller and has not been verified by broker. Broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records, and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.

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