Profitable Cocktail Bar with Type 48 Liquor License in Los Angeles County

This listing presents a profitable and well-established cocktail bar located in a highly desirable area of Los Angeles County, CA, known for its strong foot traffic and excellent neighborhood visibility. The business boasts a rare Type 48 liquor license and operates from a 2000 sq ft, two-story space featuring a modern interior, an outdoor patio, pool tables, and an upgraded audio system. Significant capital improvements exceeding $100,000 have been made, creating a turnkey operation. The business is ideal for a lifestyle buyer or an operator looking to expand, with the current owner working only 20 hours per week. Financials show total sales of $600,000 and a cash flow of $72,000. The lease is favorable, with $2,600 monthly rent and no NNN charges, plus a 5-year option. Inventory is valued at $7,500 and is not included in the sale. The business has 11 employees. Seller financing is available with 50% down. The reason for sale is the owner's desire to acquire a larger business.