Restaurant & Bar Asset Sale in Glendale, CA
Financial Details
- Asking Price:
- $350,000
- Profit Metric:
- N/A
- Location:
- Glendale, CA, US
- Source:
- Date:
- September 16, 2025
Key Highlights
Description
Prime restaurant and bar asset sale located in the heart of Glendale, CA, directly across from Americana @ Brand and adjacent to the Glendale Galleria. This 3,612 sq ft space, formerly Glenwood Smokehouse, is ready for a new concept and operator. It features a build-out with seating for up to 200 patrons, a full bar, and a private outdoor patio. The sale includes a substantial inventory of top-of-the-line FF&E, less than two years old, such as a 24' Type 1 Hood and multiple walk-in refrigerators. A Type 47 ABC License for full liquor service until 2 AM is available for purchase. The landlord will offer a new 10-year lease with a starting rent of $24,594/month plus NNN ($2,319.77/month). The location boasts high visibility, significant foot traffic, and convenient parking with an adjacent city-owned garage offering 90 minutes free parking. This is a turnkey opportunity in a densely populated area with high household incomes.
Industry Information
- Industry Description:
- Restaurant & Bar
- Classification:
- Restaurants & Food
Operational Snapshot
- Year Established:
- 2022
- Reason for Selling:
- Moving the concept
Real Estate & Lease
- Status:
- Leased
- Monthly Rent:
- $26,914 USD
Assets & Inventory
- Includes FF&E:
- Yes
Broker Contact
- Name:
- Linnard Lane
- Company:
- High Touch Properties Inc.
- Phone:
- 415-941-6437
Listing Details
- Listing ID:
- c563bbb2-d04e-4ac1-895c-3d1a14f70a4c
- Source Listing ID:
- 2252324
- Deal Status:
- For Sale
- Last Updated:
- September 16, 2025
- Currency:
- USD