Dear
Thank you for your interest in Florence restaurant and Piano Bar we have for sale, asking price is $699,000 including all licenses and permits.
Introduction:
Insert yourself in the global dining conversation along with some of the world’s most famous restaurants. 8265 Beverly Blvd. in the Beverly Grove area of Los Angeles rubs shoulders with West Hollywood to the West and North and Beverly Hills to the West and South sharing a luxury, experiential, culturally rich dining public in a market that simply put, exemplifies money and visibility. The Florence facility offers a Michelin-level kitchen and a dining room experience designed for casual elegance with its retractable patio roof allowing dining under and with the stars.
8265 Beverly Blvd. provides a talented operator or hospitality group to leverage itself selling casual luxury dining.
- Beverly Grove possesses high-income, experience-driven diners who seek authenticity
- This location enjoys: status dining, design + ambiance, and presence
- Promotes Michelin-level positioning, which highly appeals to and translates well to the area’s customer
- 8265 Beverly Blvd is 5 – 10 min from Beverly Hills, West Hollywood but draws customers from both areas.
Description:
This restaurant was fully remodeled in 2024 totaling 4,814sf and features a beautiful bar and cocktail area and a main dining room that flows into a huge transformative climate controlled garden patio with an electrically controlled retractable roof. Special elements include an elegant floor to ceiling glass temperature-controlled wine room viewable from the dining room and an impressive sound system throughout. Florence features newer top of the line FF&E throughout and an extensive list is included. The décor is tastefully done and can be easily transformed into any number of dining and nightlife concepts.
Facility:
The restaurant has a large Michelin-level production kitchen with a 30’ long hood, wood burning oven, comes fully equipped with state of the art top line FF&E, secure and dry storage, multiple prep, cold, and desert stations, large walk-in and can handle just about any concept including private events and parties. I've attached a detailed package with pictures and videos of FOH and BOH.
Location:
This trophy class restaurant and Lounge that stands as a rich integral part of West Los Angeles for its irreplaceable positioning and location showcasing some of the areas most beloved restaurants including Alba, Jar, KOI, AOC, Nobu, and Nice Guy.
The Beverly Grove Customer - Dining intent/Customer Mix:
- Beverly Grove diners prioritize Quality & Authenticity, Ambiance, and a willingness for high spend influenced by reputation;
- Beverly Grove diners thrive and are attracted to High Theater experiences or high margin opportunities allowing to capitalize on Signature dish options;
- Beverly Hills / Beverly Grove diners become repeat customers through strong “must-order items” and presentation;
- Brand places with heavy emphasis on presentation, technique, and storytelling, succeed here
- Close proximity to West Hollywood, Beverly Hills, media + entertainment offices
Highlights & Features:
- Total Monthly Rent: $25,750.00/mo. ALL IN
- Long Term Lease: Expires 4/14/2034
o Increases: 3% Annual
o Option Periods: 2 x 5 Yrs. each @ FMV w/ min. 5% vs.15% max in Adj Yr. 3% annual thereafter
- Seating: 130+ Approx.
- Parking: Free Parking Lot Behind Bldg.
- Fully Equipped Kitchen with 30’ Type 1 Hood, Walk-In,, Wood Burning Oven & Grills,
- Extensive FF&E list included
- Exquisite Bar and Glass Enclosed Wine Room
- Romantic Outdoor Patio W/ Electrically Operable Roof
- Grandfathered for Live Entertainment
- Type 47 (Full Liquor) ABC License Included, service to 2 AM Daily
Let me know if you'd like to tour the restaurant to see if its the right fit for you, my cell # or email is the easiest way to reach me.
