Best of The Best Nightclub Spots in West Hollywood

Asking Price$2,000,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

Inventory$35,000
Not included in asking price
FF&E$500,000
Included in asking price
Real EstateNot Disclosed

NormaSave

Best of The Best Nightclub Spots in West Hollywood


Asking Price$2,000,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

Inventory$35,000
Not included in asking price
FF&E$500,000
Included in asking price
Real EstateNot Disclosed

Business Description
Norma is one of the premier nightclub/restaurants in West Hollywood on the prized and high barriers to entry 3 block stretch of La Cienega Blvd. N. of Melrose in West Hollywood. This trophy class restaurant and nightclub stands as a rich integral part of West Hollywood for its irreplaceable positioning as a location showcasing and within walking distance of the areas most popular restaurants and nightclubs including Zouk, Poppy, Didi, MXO, KOI, E.P.L.P, Catch, Barton G, Nobu, Nice Guy, and just around the corner from Employees Only, Delilah, Bar Lubitch, celebrity owned Holy Water, OR Bar and others. This is no ordinary spot, its part of LA’s history of delivering memorable experiences and central to West Hollywood's very active nightlife.
Dining Out: US Index of 150. 50% higher than the national avg. Average spending on food is 45% higher than the national average.

This purpose-built building and space was fully remodeled and constructed incorporating the adjoining space in 2023 totaling 5,560sf. It has two large patios, a private dining room, beautiful wraparound bar, a main dining room that flows into a huge transformative nightclub and lounge area. Norma features top of
the line FF&E throughout. The décor is tastefully done and can be easily transformed into any number of dining and nightlife concepts.

The kitchen serves an amazing menu designed by Chef Jason Fullilove with a bit of a southern twist and expert crafted cocktails. This is a perfect spot to drop in for dinner, a glass of wine or cocktail at your own “Social Club”, plan a party in the 16 person intimate private dining room, bring someone special for a date night, or enjoy the vibe with great food and friends. After 10 pm the DJ kicks it in and the dance floor comes alive, live music is also permitted.
About the Business
Years in Operation
1
Employees
20
Facilities & Assets
5,560sf. It has two large patios, Instagram wall, a private dining room, beautiful wraparound bar, a main dining room that flows into a huge transformative nightclub and lounge area. A full set of plans is available along with a detailed fixture list.
Website
https://norma631.com/
Market Outlook / Competition
The nightclub business in Los Angeles has always been selective but West Hollywood, especially the La Cienega corridor from Melrose to the Strip remains king with some of the areas hottest clubs including Zouk, Poppy, Didi, MXO, KOI, E.P.L.P, Catch, Barton G, Nobu, Nice Guy, and Koi.
Opportunities for Growth
Rebranding to another concept under a buyers portfolio, menu entree prices, while reasonable are about 18-20% lower than the the surrounding area who is willing to pay a premium for a premium experience. Reprogramming the entertainment calender to an inhouse team will also drive and increase the bottom line.
About the Sale
Seller Motivation
Due to an illness in the family, owner wants to sell.
Listing Info
ID
2390046
Listing Views
497
Attached DocumentsAttachment Disclaimer

Norma_OM_V_1.pdf

Business Location

Contact Seller

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Business Listed by: Linnard Lane High Touch Properties Inc.

Listing ID: 2390046 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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