Clean Books & Records. E-2 Visa Pre-Approved. Over $20,000 Net profit per month and being open only from Thursday-Saturday nights. Sundays are reserved for private events. This Established night club/restaurant/hookah lounge has been open for over 36 years in the heart of Los Angeles. The sale includes all fixture, furniture, equipment, full kitchen, 47 liquor license, catering license & live entertainment license. This is the first time this business is on the market for sale and it will not last.
- Asking Price:
- $595,000 Furniture / Fixtures included
- Sales Revenue:
- $1,700,000
- Cash Flow:
- $250,000
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
2024 plus 1@5 year option
- Location:
-
Well known and established location
- Premises Details:
-
5700 indoor space and 2000 sq feet of outdoor space
Business Operation
- Competition / Market:
-
none
- Reasons for selling:
-
Partnership Dispute
- Trading hours:
-
Thursday-Saturdays
- Years established:
- 1984
Other Information
- Support & training:
-
3 weeks at 25 hours per week
- Furniture / Fixtures value:
- $200,000 - included in the asking price
