Price reduced to $195,000 for this 3,670 sq ft modern Sports bar and Restaurant located near Manteca. There is a 1,500 sq ft bar with 16 craft beer's on tap. Full hard liquor ABC Type 47 license included and seating for 50 with a pool table, juke box, electronic dart boards, multiple TV's and a high quality sound system. The separate dining room has seating for 60 with a combination of community & regular tables. Both areas are fully air conditioned with wall mounted flatscreen TV's, bar memorabilia and a cement floor throughout for greater appeal and ease of maintenance. Included is a modern POS system which connects throughout the bar and restaurant to the ultra clean fully loaded kitchen. A 20 ft stainless steel type 1 hood with fire suppression system, 2 double deep fryers, 4ft flattop with oven, 6 burner stove with oven and 2 large pot stove burners. A walk-in cooler, plus 3 upright double and 1 triple door refrigerators and freezers, 3 refrigerated worktops and ample s/s worktop with slicer, multiple shelves, sinks and dishwasher. A separate office just off the kitchen is complete with computer, printer, fax machine and a 16 camera security system with ample filing cabinets. Current annual sales of $800,000 with profits of $105,000 and the business is currently closed on Monday's. Annually that's 52 days of missed income that wouldn't take much effort to increase sales up to the $1 million mark and with rent at around $1 per sq ft, the profits would only increase. This opportunity is for sale for $195,000 and the seller may carry a portion of the sale to experienced, well qualified buyers with good credit. Please complete the 'Non Disclosure Agreement' on our site and we will send you the name and address with the financial information, lease & the full list of equipment included with the purchase. We'll also send you the Broker's contact information so you can discuss this opportunity in more detail.

General Info

  • OrganizationContact For Info
  • Established2000
  • Current Owner2006
  • Employees12
  • Reason For SaleOther Interests

Facilities

  • Seating95
  • Square Feet3670
  • Parking40+
  • LicensesHealth, Business & ABC Type 47 License
  • Open HoursTues - Thurs 11am - 11pm Fri & Sat 11am - 1am Sun 11am - 10pm - Monday CLOSED.

Lease

  • Rent4444.42 Inclusive
  • Expiration2024
  • Yearly IncreaseContact For Info
  • OptionTwo 5 year Options
  • Deposit4800

Financials

  • Monthly Revenue$66,000
  • Monthly Cash Flow$8,750
  • Annual Revenue$800,000
  • Annual Cash Flow$105,000
  • Payroll$$18,000

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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