Historical neighborhood bar located just outside major northern californian city. The owner wishes to retire and has made the price very attractive for a quick sale. He has even included $10-$15k of alcohol and food inventory in that price. No extra to pay! This Bar has a large car-lot and is just off a major highway and high visibility. There is major redevelopment in the area which will only benefit this local neighborhood bar. In the present ownership for 10 years but it has been a bar since 1945. 3,500 sq ft bar, 800 sq ft outdoor patio plus 5,500 storage, all for only $2,000 monthly rent. Type 47 full liquor license included with the sale which on its own has a value in excess of $50,000. This business is fully equipped. The Kitchen has a 15ft x 6ft walk-in, 6ft type 1 hood, double fryer, broiler, 1 oven with 6 burners and flat top, updated Ansel fire system, sandwich reach in and many s/s prep tables. The owners rarely use this Kitchen, therefore there is huge scope to increase sales by offering easy, comfort food. The Bar has 3 beers on tap, seating for 15 at this long bar plus another 65 in bar area. Full Type 47 liquor license, lots of bottle beer storage, coin operated pool table, 4 flat screen TV's, Juke Box and large sound system. There is no web-site at present so here again, there is scope to increase the sales by web marketing the new ownership, a grill menu and specials. The Price for all this useable space is extremely attractive for a quick sale and once viewed, you will only see an upside

General Info

  • OrganizationContact For Info
  • Established1945
  • Current Owner2003
  • Employees1 Full Time, 4 Part time
  • Reason For SaleRetirement

Facilities

  • Seating80
  • Square Feet3,500 Bar, 800 Patio and 5,500 storage
  • Parking30+
  • LicensesHealth, Business and Type 47
  • Open Hours11am-1am daily

Lease

  • RentContact For Info
  • ExpirationNegotiable
  • Yearly Increase$2,000
  • OptionNegotiable
  • Deposit$2,000

Financials

  • Monthly Revenue$14,000
  • Monthly Cash FlowContact For Info
  • Annual Revenue$168,000
  • Annual Cash FlowContact For Info
  • Payroll$$3,000

Financing

  • Down Payment$Contact For Info
  • Note Balance$Contact For Info
  • Terms of NoteContact For Info
  • All CashContact For Info

DISCLAIMER: The above financial information was supplied by the seller and has not been verified by broker. Broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records, and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.

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