Hip and popular Riverside County turnkey bar, restaurant, and live entertainment venue located in a large shopping center with name brand national credit tenants and a movie theatre. The establishment is strategically located near the 15, 215 and 91 freeways, like new (built in 2013) and benefits from a wide customer draw with tremendous upside potential. Private patio included which seats approximately 30. Partial list of FFE included in the sale price includes: walk in refer with 6 shelves; stand alone freezer; ice maker; six burner stove with oven; flat top griddle; Grill; (2) deep fryers; kitchen hood with Ansil system; 3 upholstered booths; 22 high top tables; 54 bar chairs; 30 tables; 74 chairs; (16) stools; (3) SS wells with jockey box; (8) TV's; stage lighting and sound system; 12 tap glycol system; (2) bar coolers; liquor cage; ATM; microwave; (3) SS prep tables: 3 tub wash sink; (2) SS hand wash sinks; hot and cold tables; toaster oven; 3 warmer coffee maker; (18) shelving units; (5) decorative mirrors; hand sink and 4 tub washing sink; (3) propane heaters, (3) patio umbrellas, and decorative sconces. Not included in the sale are wall mounted art, photos and musical instruments; service counter, office laptop, POS system (leased) or instruments, 2 piano shells, 2 keyboards and drum set. Back of the house by appointment only. Do not disturb employees who are unaware of the sale.

General Info

  • OrganizationContact For Info
  • Established2014
  • Current Owner2014
  • Employees9 (PT) and 1 FT Manager
  • Reason For SaleOther Interests

Facilities

  • Seating149
  • Square Feet3575
  • ParkingAbundant within shopping center.
  • LicensesABC 47; City Liquor License; City Business Permit; County Health Dept.
  • Open HoursTu-Thu 5p-12a; Fri 5p-2a; Sat 3p-2a; Sun 11:30a-12a

Lease

  • Rent$10368 (includes NNN and CAM).
  • Expiration6/1/19
  • Yearly IncreaseContact For Info
  • Option2 (5) FIVE year options at FMV
  • Deposit$7,500

Financials

  • Monthly Revenue82000
  • Monthly Cash FlowContact For Info
  • Annual RevenueContact For Info
  • Annual Cash FlowContact For Info
  • PayrollContact For Info

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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