Historic Cocktail Bar & Restaurant for Sale in Los Angeles County
Financial Details
- Asking Price:
- $425,000
- Cash Flow / SDE:
- $100,000
- Profit Metric:
- Cash Flow
- Valuation Multiple:
- 4.3x
- Location:
- Los Angeles, CA, US
- Source:
- Date:
- October 09, 2025
Key Highlights
Description
This is a rare opportunity to acquire a 93-year-old landmark cocktail bar and restaurant located in Los Angeles County, CA. Established in 1932, the business boasts a rich history, strong community presence, and a loyal customer base. It is situated in a high-traffic area with prime visibility and operates from a free-standing building with ample dedicated parking. The facility includes a large fixed bar with a 20-tap draft beer system, a complete kitchen with hood and grill, and a permitted outdoor patio. While currently closing at 8 PM, the business holds permits to operate until 2 AM, presenting significant revenue growth potential for a new owner. Additional opportunities for growth include hosting live entertainment and adding pool tables. The business is being sold due to retirement.
Industry Information
- Industry Description:
- Bar, Pubs and Taverns
- Classification:
- Restaurants & Food
Operational Snapshot
- Year Established:
- 1932
- Employees:
- 15
- Reason for Selling:
- Retirement
Real Estate & Lease
- Status:
- Leased
- Monthly Rent:
- $10,043 USD
Assets & Inventory
- Includes FF&E:
- No
- Inventory Value:
- $5,000 USD
- Includes Inventory:
- No
Broker Contact
- Name:
- Neil Kaplan
- Company:
- VR Business Brokers
- Email:
- [email protected]
- Phone:
- (562) 402-2686
Listing Details
- Listing ID:
- 58b4b699-1bc6-4ad6-a103-71fa9b7bc9a6
- Source Listing ID:
- 5647 NK
- Deal Status:
- For Sale
- Last Updated:
- October 09, 2025
- Currency:
- USD