Price Reduced Greek Restaurant Near Movie Studios For Sale

Business description

This beautiful restaurant is surrounded by major movie studios and is favorite destination for lunch crowd. They also do catering and delivery. This restaurant has 47(full liquor) license and active entertainment license. They can do DJ or live music. Building size is about 2000 sqft under the roof and 2000 sqft patio with very attractive rent. New lease has to be signed. Enjoy seating in the shade under umbrella and enjoy bird songs. The kitchen has 8 ft hood and all necessary kitchen equipment. Restaurant was established over 30 years ago with current owners for over 6 years. They recently added a bar area with full liquor counter. The build out is beautiful, ask us for pictures.
The sales primarily comes from serving lunches. Due to moderate prices and good quality food made from freshest ingredients they have many repeat customers. Dinners and night bar haven't been promoted enough. The restaurant is used for large corporate and private parties with and without music, due to their entertainment license and large outdoor patio. Promoting bar alone and extending to night hours can double the sales. Night hours are in high demand and customers ask for it all the time. New owner can add DJ nightly and with full liquor license it can transform to popular night hang out place. Such restaurants don't come to market too often. It's a rear opportunity. Owners go through divorce and expansion is not on their mind. You take over and rip the benefits.

Property information

Real Estate:

Lease

Other information

Support & training:

2 weeks

Reasons for selling:

Divorce

Trading hours:

8-6

Furniture / Fixtures value:

$50,000 (included in the asking price)

Inventory / Stock value:

$15,000