Asset Sale – Iconic Family-Style Restaurant & Lounge | Established 1962

Step into a piece of Los Angeles history with this iconic, family-style restaurant and lounge that has proudly served the community since 1962. Beloved by generations of loyal patrons, this well-known establishment is celebrated for its welcoming atmosphere, hearty meals, and full liquor service. It offers breakfast, lunch, dinner, late-night bites, and cocktails daily.

Spanning approximately 6,000 sq. ft., the restaurant seats 277 guests across multiple dining areas. Recent upgrades include new booths, flooring, and fresh paint, giving the space a clean and inviting feel. The layout features:

• A main dining room with booth and counter seating

• A second dining room with all booth seating

• A separate lounge/bar with its own entrance, featuring both bar and booth seating

• A spacious, well-equipped kitchen with an expansive cook line

• Walk-in cooler, dishwashing and storage areas, liquor storage

• Dedicated waitstaff service station

• Four restrooms and a private owner’s office

• Outdoor seating for over 30 guests

• Ample parking

Operating Hours:
Sunday – Thursday: 7:00 AM – 9:00 PM
Friday & Saturday: 11:00 AM – 11:00 PM

Staffing:
41 employees, including 3 managers. The current owner is semi-absentee, visiting just a few days a week for limited hours.

This is a rare opportunity to acquire a high-revenue, long-standing restaurant with deep roots in the community and strong name recognition. Please note this is an asset sale—the business is not currently profitable. However, P&L statements and POS sales reports are available for review.

Serious inquiries only. All offers must be all-cash and from experienced restaurant operators with verifiable financial strength.

Some equipment includes: Kitchen- Walk-in cooler, (2) hoods, hooded cook line, large ice machine, (2) six-burner stoves with ovens, floor mixer, meat grinder, slicer, Robot Coupe, built-in wall freezers, (3) waffle makers, double pressure cooker, double fryer, (2) grills with (8) chef’s drawers, salamander, (2) prep stations, microwave, ice cream freezer, soup warmers, heat lamps, pots, pans, and utensils. Beverage & Service Equipment: Coffee machine, juice machine, juicer, iced tea maker, soda station, under-counter refrigeration, dinnerware, flatware, glassware. Technology & Security: Sound system, security system, POS system. Bar Area: Fully stocked and equipped.

 Asking $459,000 or best offer.  Cash Offers Please