Profitable sports bar/nightclub in Alameda County with a Type 48 ABC license. The location features high margins, low operating costs, and sales that are growing month over month. Lots of upside for future growth in revenue. The sports bar/nightclub has televisions and pool tables. It has a juke box, black lights and disco lights, a stage for events, a patio, and a lounge area with sofas. The venue hosts karaoke nights and djs, and functions as both a laid-back place to watch sports on television, and a neighborhood disco. The bar features beers on tap and a full cocktail program. This bar is equipped with security camera system, two door reach-in refrigerator, two door under-counter refrigerator, washer and dryer and a ice machine. There are two restrooms and a patio out back.

General Info

  • OrganizationLLC
  • Established2015
  • Current OwnerContact For Info
  • EmployeesContact For Info
  • Reason For SaleOther Interests

Facilities

  • Seating70
  • Square Feet2000
  • ParkingParking Lot and Street
  • LicensesABC Type 48, Health and Business
  • Open Hours11am - 2am 7 Days a Week

Lease

  • Rent$4,243
  • Expiration2020
  • Yearly IncreaseContact For Info
  • Option5 Year Option
  • Deposit$10,000

Financials

  • Monthly Revenue$64,752
  • Monthly Cash Flow$14,269
  • Annual Revenue$777,024
  • Annual Cash Flow$171,235
  • 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