West Hollywood Bar with Patio, DJ & Entertainment - Prime Boulevard Location!
Overview
This West Hollywood bar with a patio, DJ and entertainment, is located in the heart of the boulevard’s activity. The hotspot, which has become a favorite with its loyal client base comprised of locals and visitors, boats a lively atmosphere. On occasion, they host DJs, karaoke parties and drag shows, keeping it at the forefront of top spots for a fun and festive nightlife experience.
Additional Details
Facilities
The 1,400 square foot venue leases for $10,030 per month plus an additional $767 in common area maintenance (CAM) expenses on a lease until September 2027 with a 5-year option. All of the business’s furniture, fixtures, equipment, Type 47 Liquor License, goodwill and permitting will be included in the sale. An estimated $5,000 inventory will be sold at cost at close in addition to purchase price.
Competition
This venue is located in the heart Santa Monica boulevard entertainment area. As such, fierce competition exists but there is also a built-in street visibility to all area revelers.
Growth & Expansion
New management can maintain the current concept, which has proven successful, or capitalize on the venue’s location, patio and entitlements to launch a new concept. Expanding event offerings, such as themed nights or increased entertainment or menu offerings, may attract in new customers and bolster their existing loyal client base.