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Is Fatty's a Hard Sell?

The vegan restaurant has reportedly been relisted at $2.4 million—or the "best offer."

For an upscale restaurant that has 3,000 square feet of space for dining and an additional 2,000 square feet of office room, has a lot going for it.

But it's been more than a month since the vegan paradise on Colorado Boulevard went on the market for $2.4 million—and it has yet to be bought, even though the property comes with all the restaurant's furniture, equipment and a beer and wine license that can be a real headache to get for anyone setting up a restaurant from scratch.

Now, in what appears to be a sign that the Fatty's co-owners—artist Kim Dingle and chef Aude Charles—are eager to sell the restaurant, the property has been relisted for $2.4-million or the "best offer," according to the LA Eater blog.

Click here to read the full story on LA.Eater.com.

And click here to see our topic page about Fatty's. It has all our past articles about this elegant and widely loved gourmet restaurant.

Pasadena Adjacent August 12, 2012 at 03:48 PM
Phft Those two are out of touch. They were with their clientele / they are with their leaving town price tag.
John Goldfarb August 12, 2012 at 05:41 PM
What does "They were with their clientele / they are with their leaving town price tag" mean?
Jinx August 12, 2012 at 06:22 PM
@ Goldfarb - they're unable to placate the wants/needs of their customers and their property sitting on the market for a full month is a strong indication that they have very little idea what the real estate market is like, even if it is a restaurant. You can't always just give up and expect a full return on your investment.
Scott Davis August 12, 2012 at 07:10 PM
Their good will is worth at least half a mil.
Mark Charles August 13, 2012 at 02:57 AM
That place was out of touch. I used to go there for lunch, and loved it. Then they were not open for business for what seemed like forever. Finally with they did open up (for dinner only) my fiancee and I decided to pop in for some tasty eats in our neighborhood. When we walked in we were greeted with a rather snotty, "do you have a reservation?" The place was near empty, and they said they could not seat us. We made a point of never going back. Kim, Aude, good night, and good luck.
bellref August 13, 2012 at 12:58 PM
If they really want to be a successful restaurant, they would serve breakfast and lunch. Since it offers a niche menu (how many people are vegan?), many people might try it for breakfast or lunch since those meals tend to be cheaper. Then, if they're happy, they might return for the more expensive dinners. I would have been a regular lunch customer, but there's no way I could drag my carnivore family to dinner there.
Mr. jepg August 13, 2012 at 05:51 PM
John G - was in the slow group.
Bob G August 13, 2012 at 08:36 PM
I think it has tremendous potential for owners that are seriously in the restaurant business. Fatty's capricious business hours would kill any restaurant, no matter how good.
erxicana August 14, 2012 at 12:26 AM
Very snotty and not family friendly. Was there with two families with kids and were totally ignored. Whoever buys this please assess the neighborhood.
Scott Davis August 14, 2012 at 02:15 AM
I'd like to add this emoticon to my comment above ;-)
jack August 14, 2012 at 11:41 PM
Let's see, with a name like "Fatty's" shouldn't it be a medical marijuana collective and therefore shut down anyway? Just sayin.

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