CityStreet Commercial Real Estate has released a for sale listing for the goodwill of Harlowe’s restaurant in West Hollywood. Harlowe’s is located at 7321 Santa Monica Boulevard in West Hollywood and is being sold by the 1933 Group for $700,000 (goodwill).
The listing describes the area as Harlowe being a popular destination for locals, with plenty of foot traffic and an impressive demographic mix of single-family and multi-family housing. Neighboring tenants include Jones, Formosa Cafe (also owned by the 1933 Group), Las Perlas, Apartment 200, Breakfast Republic, Bar Lubitsch, Delilah, Laurel Hardware and many more.
Further details in the listing are:
- Lease Payment: Approximately $12,000 modified gross amount
- Size: Approx. 3,200 SF including front patio (permitted outdoor patio not included in size)
- New (5) Five-Year Lease + (2) Two (5) Five-Year Options
- Alcohol license type 47
- Approved for live entertainment and dancing
- Permitted operating hours: Until 2 a.m., 7 days a week
https://www.loopnet.com/Listing/7321-Santa-Monica-Blvd-West-Hollywood-CA/32379822/
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According to the 1933 Group, Harlowe was inspired by a single painting of a vibrant 1930s socialite, along with a selection of vintage portraits that adorn the walls. Harlowe captures the feel of an invigorating social club from Hollywood’s Golden Era. Its design reflects the turn of the 19th century, a time when European influences were prevalent in U.S. culture and revolutionaries, artists and poets exchanged ideas over drinks and dancing. Harlowe has the soul of a once-forgotten age and the spirit of a young, vibrant neighborhood bar.
Founded over two decades ago, the 1933 Group operates a highly acclaimed portfolio of Los Angeles hospitality establishments, including the historic restorations of Formosa, Highland Park Bowl and the barrel-shaped Idle Hour in North Hollywood, Harlowe in West Hollywood, Sassafras in Hollywood, La Cuevita in Highland Park, Bigfoot Lodge in Los Feliz, Thirsty Crow in Silver Lake, Bigfoot West and Oldfield’s Liquor Room in Culver City, and the iconic Tail o’ the Pup. Combining design aesthetics that span various time periods of early America with a passion for cocktails and reviving the art of bartending, owners Bobby Green, Dimitri Komarov and Dmitry Liberman create imaginative drinks and scenes throughout the LA bar landscape. Each concept reflects bold, modern interpretations that reflect the company’s dynamic partners and memorable eras.
