This extraordinarily stable Agoura Hills area bar and restaurant with liquor and entertainment boasts a customer embraced concept that had led it its tremendous success and its loyal client base. New operators will likely wish to continue to grow the existing concept or implement modifications to further expand it and capital on its entertainment and off site catering entitlements. It benefits from ideal freeway access as well as a large parking lot.

This spacious 4,000 square foot facility with an occupancy for nearly 140 patrons leases for just under $13,000 per month including common area maintenance (CAM) on a lease with 5 years remaining, and additional option to be negotiated in the sale. All of the business's furniture, fixtures, equipment, liquor license and additional permits will be included in the sale. Approximately $16,000 in inventory will be sold at cost at close.

This venue has a unique and highly popular concept that continues to help it bolster its top line revenues as well as its bottom line profitability. Despite new venues that have attempted to compete in the market, this proven venue’s popularity has not been impacted!

A new owner may seek to expand the menu in any number of innovative directions, implement a breakfast offering, or capitalize on the offsite catering permit which allows for liquor sales. The current business closes at midnight; however, the conditional use permit may potentially be modified to include extended service hours.

Posted Sep 17, 2015

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