Business Listing Image

Echo Park Area Bar – Established 1938

Los Angeles, California Food Services Est. 1938 Retirement

About this business

This celebrated bar in the Greater Echo Park area has built a storied reputation since 1938, establishing itself as a market leader in a vibrant nightlife scene. The venue is known for its diverse, welcoming, and relaxed atmosphere that has cultivated a loyal following throughout decades, even as competitors have come and gone. Occupying 1,680 square feet with a full liquor license (No. 01399346), the establishment operates in a prime location with a monthly rent of $10,712. The bar has historically thrived through themed special events, private parties, film rentals, and other offerings that continue to drive traffic and revenue. Currently operated absentee, this business presents significant upside potential for an owner-operator with hospitality experience who can reduce operating costs while enhancing customer service and ticket sales. The seller is offering 2 weeks of training (20 hours per week, or as negotiated) to ensure a smooth transition. Down payment: $750,000.

Financial overview

Gross Revenue $925.7K
SDE $167.6K
EBITDA Not disclosed
Fixed Assets Not disclosed
SDE Multiple 4.48×
Revenue Multiple 0.81×
SDE Margin 18.1%
See how this compares to the market
Industry median · fair value range · percentile rank

Location

Los Angeles, California

Bridge Analysis

Pro feature
Market benchmark

See whether this asking price is high or low for its industry, compared to what businesses like it actually sell for.

Fair value range

Bridge's independent estimate of a fair price range, derived from industry multiples.

Industry outlook

Industry trends, key value drivers, and the risks to weigh before you make an offer.

Asking Price $750,000