Koreatown Bar & Lounge for Sale - $250,000 Asking Price

This listing presents an opportunity to acquire an established, turnkey restaurant and bar, Paper Tiger Bar, located in the vibrant Koreatown district of Los Angeles, California. The establishment is well-regarded for its excellent cocktails and popular bar food. It features a unique building layout that offers flexibility for a single operator or a dual-concept implementation. The business benefits from a highly attractive, below-market monthly rent of $8,500 (including NNNs), with stabilized increases and water paid by the lessor. A new lease is to be negotiated. The premises span approximately 2,500 square feet and hold an ABC Type 47 license, along with permissions for live entertainment and dancing. The seller is retiring, making this a prime opportunity for a new owner to step into a well-positioned business.