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8947 W Sunset Blvd
West Hollywood, CA 90069

$12,936 USD/MO

Restaurant For Lease  •  1,650 SF

Property Details

  • Property Type Restaurant
  • Year Built 1936
  • Total Building Size 17,402 SF
  • Tenancy Single
  • Building Class C
  • Zoning C2
80 Transit Score
70 Walk Score

1 Space Available

Name Space Use Size Rent Details
1st Floor Ste Retail 1,650 SF $94.08 USD/SF/YR
  • Date available: Now
  • Lease term: Negotiable
  • Service type: Triple Net
  • Built out as: Standard Retail
  • Space Type: Relet

Description

There is $485,000 key money for this business asset sale - turnkey speakeasy nightclub + integrated fast casual kitchen. The current set up offers a unique dual-revenue model:. 1) Nightclub / events / bottle service, + 2) Fast Food window concept outside and independent optimized for delivery, pickup, and late-night demand.

The casual food concept is profitable and its business is currently valued at ~$550,000, with a high-margin simplified menu. This creates a second revenue stream independent of nightlife, significantly increasing business value and stability. and offers Late-night synergy with club operations.
The speakeasy/nightclub is absentee oenser, currently operated two (2) nights per week (rented by the night to promoters).

This business asset sale  presents a rare opportunity to acquire a fully built-out nightlife venue in the heart of the legendary 1.6 mile of the Sunset Strip famous for its party life night scene in West Hollywood, The speakeasy is surrounded by iconic venues such as: The Roxy Theatre, The Rainbow,  The Whisky a Go Go, The Viper Room,  The Soho House West Hollywood, The Sunset House, The London, etc.

This location benefits from constant foot traffic, tourism, and nightlife demand.

This sale includes: ABC 47 Full Liquor License till 2 am daily; its CUP with live entertainment; Lease (assignment or new lease available at the same rate); $500,000+ in build-out & equipment  (club and kitchen). Sophisticated Sound System ($80K + value); lighting systems; Security system; POS system; All Social media accounts;  Clients database;  Promoters network; Supplier relationships;  Staff
Fully equipped kitchen with a 10 feet hood, grease-trap and small office;  All equipment was purchased new in 2024.
LEASEHOLD IMPROVEMENTS: Recently remodeled at a cost of $800K+ 

The Facilities: 
Approx. 1,650 SF fully built-out venue with a Capacity of about 100 guests; historic building; 12 ft ceilings;  There is a Stage + DJ booth;  Full bar + private booths and room to dance;  Premium sound system (4 subwoofers double 15”); High-end lighting system; Fully equipped kitchen; Small Office + storage; 2 ADA restrooms; 
Large parking lot behind

This business asset sale  presents a rare opportunity on West Hollywood’s iconic Sunset Strip, one of Los Angeles’ most vibrant and renown entertainment corridors. The asset is currently offered as a luxury, second-generation restaurant and nightclub space with complete build-out and infrastructure in place for an upscale hospitality concept.

Highlights

Tenant pays its own utilities
$485,000 key money Turnkey Speakeasy Nightclub in Prime Sunset
Dual concept: Nightclub + Fast Food (high scalability) Currently strong profitability - 38%+ margins with significant upside
Includes ABC 47: 7am-2am daily and CUB allows for live entertainment
Absentee owner structure possible - Currently operating only 2 nights/week - massive growth potential
Fully built in 2024 – over $500,000 invested Turnkey operation – no additional capex needed

Property Flyers

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Public Transportation

Commuter RailDriveWalkDistance
21 min - 9.2 mi
Glendale (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 21 min - 9.3 mi
AirportDriveWalkDistance
Bob Hope 23 min - 11.9 mi
Los Angeles International 24 min - 12.1 mi
Long Beach (Daugherty Field) 43 min - 28.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 30
Type: Surface
Included in Rent: Yes
Brigitte Handler 310-801-0705 Keller Williams Metro Center
Brigitte Handler 310-801-0705 Keller Williams Metro Center