This downtown bar and restaurant is located in one of the most coveted areas of Los Angeles – in a unique location that allows it to not only cater to those in Little Tokyo and the Arts District, but also to downtown business persons as well as commuters utilizing public transport. This bar and restaurant boasts a full stage, and the ability to have live entertainment, karaoke, etc. The facility also has a kitchen with a small hood, a stage, with separate dining and lounge areas. Finally, the Seller is willing to sell the business without the liquor license or equipment for a substantial discount. This 2,000 square foot facility leases for $6,400 per year, on a lease until April 2013 with options to be determined. The facility is reported to be permitted for 75 patrons and liquor sales until 2 am. The sale comes with a full liquor license (that requires food service), and a kitchen with a small hood, a three bucket dishwashing sink, a two door fridge, and a small oven / stove, deep fryer and grill. Some of the music related equipment may not be included in the sale. This bar and restaurant is located in a diverse, central location of an area that has fantastic freeway access, and draws patrons from the Arts District, Little Tokyo, Chinatown, and the remainder of downtown. As such, the venue has a distinct competitive advantage in that it has a number of avenues from which to pull customers. A new owner may seek to continue with the same concept or modify it to make the venue more of a live music destination, or conversely, to convert the space to become more of a full-fledged restaurant operation. Savvy operators can capitalize on the locations unique ability to have live music performances, to further established a sustainable competitive advantage over other bars in the area.