Sold
Beautifully Renovated 2nd Gen Restaurant & Bar w/Beer & Wine in Burbank
Large turn-key restaurant with patio, parking & beer & wine license located at 269 E. Palm St. in the Media Center in Burbank. Near studios, offices and residential.
This attractive and spacious restaurant was completely renovated in October 2021 from ceiling to floor with all newer equipment. Attractively designed for either counter or full service with cook line in the front of the house and in the kitchen.
Perfect for restaurant, deli, bar, lounge or breakfast lunch cafe. Complete with a beer & wine license. Boasting an open and spacious floor plan, with lofty ceilings, lots of natural light and fresh & elegant decor. There is seating for 143 inside and 48 on the streetside patio. The front of the house features a service counter, and coffee bar, plus a 20-foot bar with ample space for a lounge and or dining area including 11 TVs. There are 3 additional alcove dining areas for a total capacity of 143 inside and 48 guests can comfortably dine on the streetside patio. With new furniture, fixtures, equipment and small wares throughout.
The front-of-the-house has a hooded 10-foot cook line, a 20-foot hot/cold food bar, pastry & deli display cases, several grab-and-go refrigerated beverage cases plus a wine cooler. The back of the house has a fully equipped kitchen with a hooded cook line, large walk-in cooler, storage room and dishwashing area. Small office off the bar, with security & sound system plus a Toast POS system with 3 terminals with 2 handheld devices. Free parking is available to customers next door.
This is an asset sale, the business is closed.
The monthly rent is $9,660 plus NNN of $1,680. The lease expires Jan 2026. There is a 5-year option to renew.
Some equipment includes: 2 hoods with Ansul system, Le Cimbali coffee machine, steamer, quick oven, ice machine, 11 TVs, soft serve & gelato machine, Toast POS system with 3 terminals, 2 handhelds, deli display case, pastry display case, 3 beverage display cases, 2 wine/beverage display cases, 20-foot food bar, fryer, single kettle burner, convection oven, 4 burner stove/oven, stacking alto sham, 2 double door freezers, floor mixer, microwave, storage bins, scale, slicer, prep counter with under counter freezer, 13 indoor tables, 31 chairs, 5 bar stools, 8 large patio tables, 8 small patio tables, all with bench seating and more.
Listed By: Teri Craft
Background information
Reference:
2ndgenrestaurant
Year established:
October 2021
Reason selling:
Retirement
Operations
Employees:
Previous staff hoping to reopen.
Equipment:
Fully equipped restaurant with walk-in cooler, 2 hoods, grease trap, grill, griddle, 2 stove tops with ovens, chefs drawers, convection oven,hot bar, sandwich station, display cases, all smallwares and furniture inside and out.
Premises
Facility:
Turnkey, completely renovated restaurant with patio and adjacent city parking lot. The restaurant has 13 dedicated parking spaces for staff. Customers park for free.
Square footage:
4,168
Rent and lease terms:
The monthly rent is $9,660 plus NNN of $1,680. The lease expires Jan 2026. There is a 5-year option to renew.
Location:
San Fernando Valley
Price and terms
Price:
$85,000
Financing:
Cash purchase
Training:
Seller will provide training