310-801-0705
8947 W Sunset Blvd, West Hollywood, CA for Rent

$94.08 USD /SF/yr

Retail - For Rent
1/8
1,650 SF | 1 Space

8947 W Sunset Blvd
West Hollywood, CA 90069


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

OVERVIEW

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.

RENTAL DETAILS

SPACE AVAILABLE

1,650 SF

# OF SPACES

1

RENT/MONTH

$12,936 USD /mo

RENT RATE (MO)

$7.84 USD /SF/mo

RENT RATE (YR)

$94.08 USD /SF/yr

LEASE TYPE

Triple Net

LEASE LENGTH

Negotiable

AVAILABLE

Now

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

17,402 SF

YEAR BUILT

1936

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.72 AC

LAND SF

31,363.2 SF

ZONING

C2

ASK ABOUT THIS PROPERTY

Brigitte HandlerKeller Williams Metro CenterMore Info
310-801-0705

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Brigitte HandlerKeller Williams Metro CenterMore Info
310-801-0705

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.