Description

This Venice restaurant with beer, wine and sidewalk seating is ideally located in an extraordinarily popular area on a high visibility main street throughway. The venue, which has seating for 58 patrons and an onsite bar, boasts a two terminal point of sale system, a tap beer system, a wine cooler, full kitchen with a 6 burner stove, an oven, grill, deep fryer, salad prep table, 2 two door fridges and a reach in freezer. The facility also has a dry storage area and a manager’s office.

This 1,650 square foot restaurant leases for $7,000 per month including triple net expenses, with 2-3 onsite parking spaces plus street parking, on a lease valid until 6/30/2018 with options to be negotiated. All of the business's furniture, fixtures, equipment and Type 41 Beer & Wine License will be included in the sale; however, the name, menu, and concept will not be included.

Competition certainly exists in the nearby Abbot Kinney area of Venice, however, full service restaurant competition is highly limited in this ever increasingly popular main street area of Venice.

New operators may seek to take this coveted location in one of Venice’s hottest areas in any number of directions. They may wish to maintain the current successful concept, or they may want to capitalize on the locations goodwill to launch a gastropub, bistro, tapas, izakaya / beer garden, farm to table, organic, vegan or any other concept that will likely be embraced in such a prominent location.

Posted Jun 20, 2016

Did you know that social networking is a great way to buy a business? Sign up now and we'll show you how.

By clicking "Sign Up" you confirm that you accept the Terms of Use and Privacy Policy, including cookie use.

Disclaimer: MergerNetwork has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness.