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SOLD

Iconic French Restaurant, Bar, and Bakery in the Heart of LA – Rare Opportunity!

“This legendary Los Angeles establishment, a restaurant, bar, and bakery, occupies a prime spot in the heart of a bustling, pedestrian-friendly area—renowned for its eclectic mix of boutiques, theaters, cafes, and bars. Nestled just moments away from two of LA’s iconic hotspots, this culinary gem has been an integral part of the city since the 1930s, earning its status as a true LA institution.

A culinary haven with a high-capacity kitchen, boasting two hoods, dual 6-burner stovetops, and ample storage, including walk-in refrigerators and freezers. The separate building houses employee facilities, management offices, and crucial dry goods and liquor storage—maximizing kitchen space for production. From morning pastries to evening fine French dining, this spot caters to all shifts and hosts a thriving happy hour.

Designed for efficiency, the restaurant features three distinct seating areas, each offering a unique ambiance—from bar seating to a more secluded dining space, along with permitted outdoor seating for patrons to soak up the SoCal sun. With an entrance that doubles as a retail space, the display of pastries alongside coffee and espresso entices patrons for quick to-go orders without disturbing the dining experience.

Location Matters:

This iconic locale is a magnet for celebrities and film crews, often frequented for late-night dining and frequently used as a filming backdrop for major studios like HBO and Netflix—generating additional annual income. Situated in an area teeming with patrons boasting disposable income, including a significant medical hub with multiple hospitals and adjacent clinics drawing professionals and tourists alike.

Positioned amidst tourist attractions, major venues, and Hollywood’s vibrant scene, foot traffic abounds—a bustling environment primed for business growth.

Foundation for Expansion:

With a stellar revenue of $3 million in 2019 and consistent monthly averages of $300k even during COVID, this success story stems from reputation and location alone—zero marketing required. There lies untapped potential in traditional and digital advertising, a dormant catering program despite licensing allowances, and an affluent demographic within a 5-mile radius.

This family-run business is primed for a new chapter as the owner’s health inhibits effective operation. For seasoned restaurateurs seeking a unique, revenue-rich location with immense growth potential, this opportunity beckons. Only financially qualified, experienced buyers will be considered.

SBA pre-approval is available with 10-20% down for eligible buyers—seize historically low-interest rates and incentives before they expire on September 30, 2021, or until funds are exhausted. Own an iconic French culinary landmark in the City of Angels—seize the chance! Contact the Agent today.”

Listing Details