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
Location
Los Angeles, California
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