Asset Sale Sports Bar In Hollywood For Sale

Business description

Reason for Sale:To practice law- Asset Sale Sports Bar- 4800 sq ft sports bar in West Hollywood (Publix plaza). Great neighborhood spot where friends can gather to relax and catch all the games.Seating for 210 customers. 4COP SRX liquor license included. Fully equipped kitchen, hood, walk in cooler /freezer, POS system. Great owner financed terms with $50k down. Lease extends to 2015. Sports bar is has Direct TV with the NFL package. Please ask for video tour after signing confidentiality. Please contact broker Russell Cohen when inquiring about this listing.

Property information

Real Estate:

Lease

Lease terms:

Lease/Month:$6000 with 5 yr terms and options located at a shopping center with 4800 sq ft

Business Operation

Reasons for selling:

practice law

Trading hours:

40

Employees:

8PT 1Mgr

Years established:

1

Other information

Support & training:

Seller will train for 2 weeks at no cost

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Amount is $65k @ 6% for 42 mos

Furniture / Fixtures value:

$100,000 (included in the asking price)

Inventory / Stock value:

$20,000 (included in the asking price)