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Restaurant Business in California

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Listing Information

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Restaurant Business in California



Minimum Price: $650,000.00


Other Item Info
Item #: cacbke_1627565
Created: 05/10/2014
Category: Business Property > All Assets or Going Concerns > Restaurants
Sale Location: Los Angeles, California
Sale Date: Fri. May 23, 2014
Seller Info
Edward M. Wolkowitz
Debtor's Attorney
10250 Constellation Blvd., Suite 1700
Los Angeles, CA 90067
(310) 229-1234
Bankruptcy Info
Case #: 2:13-bk-40080
Case Title: Villetta Brentwood, LLC
Court: California Central Bankruptcy Court
Chapter: 11
View Case Docket

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Description

Auction Sale of Restaurant Business including assume and assign its AIR Commercial Real Estate Association Standard Industrial/Commercial Single-Tenant Lease and liquor license to the winning bidder.

Villetta Brentwood, LLC is the owner and operator of “Villetta” Restaurant, a fine dining Italian restaurant located at 246 26th Street, Santa Monica, California and is comprised of three free-standing buildings and open courtyards.

The Lease has an initial term of ten years ending in approximately August, 2020, with two consecutive five year options to extend or renew.


Sale Location

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255 E. Temple Street
Los Angeles, CA, 90012

Additional Details

  1. Sale in Courtroom "1675" @ 11:30 am
  2. Last date to respond - May 13, 2014
  3. Bid Increments - $25,000
  4. Overbid Amount: $775,000


Other Information

Terms and Conditions:

See attached.


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