ABC Type 47 Hard Liquor license included for this large bar and restaurant in Sacramento. So much untapped potential for an experienced operator. Fully loaded Kitchen with a 25ft Type 1 hood and fire suppression system with broilers, flattops. deep fryers, ovens, refrigerated worktops plus 2 walk-in coolers and a walk-in freezer. Large storage area with 15' x 8' Keg beer walk-in with Glycol system feeding 30 tap beers. The dining room is a combination of booth seating and table seating for 230 plus a private area seating a further 60. The bar has barstool seating for 18 with leased Shuffle board, Juke box and further Games machines, all on a 50/50 cash arrangement with the owner. Huge $300,000 renovation investment just 3 years ago which has not reached it's full potential. Seller may carry a small portion of the purchase to well qualified buyers with experience and good credit. Please complete the 'Non Disclosure Agreement' on our website and we'll send you the name and address of this business opportunity with the full financial information, lease & 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

  • OrganizationInc
  • Established1972
  • Current Owner2016
  • Employees18
  • Reason For SaleOther Interests

Facilities

  • Seating230
  • Square Feet9800
  • ParkingParking Structure and Street
  • LicensesABC Type 47, Health Permit & Business License
  • Open Hours11am - 11pm Sunday - Thursday 11am -2am Friday & Saturday

Lease

  • Rent$8,600 + NNN
  • Expiration2019
  • Yearly IncreaseContact For Info
  • OptionThree - 5 year Options
  • Deposit$6,600

Financials

  • Monthly Revenue$61,000
  • Monthly Cash Flow$8,136
  • Annual Revenue$731,847
  • Annual Cash Flow$97,635
  • 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.

Location