Los Angeles Retail for Sale - Glendale
Incredible opportunity to acquire a fully operational restaurant business (FFE, CUP & ABC licenses included) in the heart of Atwater Village. Ideally suited for an experienced restaurant operator business looking to expand existing success into the Los Angeles market.
There is no better time to do business in Los Angeles than right now and Atwater Village is one of LA’s most beloved and eclectic neighborhoods, known for its strong sense of community and cultural diversity, where murals and art galleries mix with tree-lined streets, and a short walk brings craft coffee shops, farm-to-table restaurants, small-batch breweries, and live entertainment all within reach.
Nestled between the Los Angeles River and Glendale, Atwater Village has undergone an economic renaissance over the past decade, luring residents and restauranters alike to capitalize on the character and charm that just simply feels like home. Atwater Village first became a desirable neighborhood in the 1920’s and most of its homes have never been demolished – it boasts the largest number of existing pre-1939 buildings in Los Angeles County.
Sharing borders with Silver Lake to the south, Elysian Valley to the southeast, Glassell Park to the northeast, and Los Feliz and Griffith Park across the river to the west, it used to be that residents “ended up” in Atwater Village when priced out of other nearby areas— but now Atwater Village has become a destination on its own, attracting those drawn in by refined and sensuous enjoyment.
Just 2 minutes from Frogtown, 5 minutes from Los Feliz and Silverlake, 10 minutes from DTLA, Burbank, and Highland Park, and 15 minutes from Hollywood, Atwater Village attracts new homeowners, renters, artists, and young professionals, while lifelong residents continue to call it home. Today, Atwater Village enjoys relatively high property values, with low residential and commercial vacancy rates and one of the lowest crime rates in the region.
Fittingly, the Bon Vivant Market & Café has become a mainstay of the community, offering an epicurean refuge that is affectionately known among locals as “the living room of Atwater Village”. Since 2012, Bon Vivant has been a community hub for good food, tempting libations, and buzzing conversation together with a laid-back air of the West Coast and charm of a French evening by the Seine, Bon Vivant is all about celebrating the good life.
Built by design and spanning 4,220 square feet (with a 1,000 al fresco dining patio to boot) and 50 feet of frontage on Glendale Boulevard and a beautiful bow-truss ceiling inside, Bon Vivant has carved out a special niche in the neighborhood. Previously a retail paint store (1947), and then a post office (1949), printing shop (1972), candy store (1984), and adult day care center (2005), Bon Vivant absolutely transformed the space into the centerpiece of the Atwater Pedestrian Oriented District.
With Type 20, 47, and 58 ABC Liquor licenses, Bon Vivant has a full on-site wine and liquor bar, and the market allows for retail sales of beer and wine for consumption off-site (as well as enhanced catering services with alcohol sales). With a Conditional Use Permit that allows for live entertainment and operating hours through 2am, Bon Vivant is ready to carry on the community tradition of the Atwater Living Room for years and years to come.
