Price reduction to $115,000 for this Bar & Restaurant which is a great opportunity for an experienced chef/operator with it's location just off the freeway which has been a successful business for many years. $115,000 which includes an ABC type 47 hard liquor license and 6700 sq ft of bar, dining room private event/games room and a good sized kitchen. Fully loaded show kitchen with large prep area capable of produce volume food. The bar has seating for 50 plus barstool seating, the dining room seats up to 150 in a combination of booths and regular dining tables and the private banquet/games room seats a further 60. Low monthly rent of $8,144 plus NNN, this well equipped bar and restaurant is priced to sell at $115,000. 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

  • OrganizationLLC
  • Established2000
  • Current Owner2015
  • Employees22
  • Reason For SaleOther Interests

Facilities

  • Seating200+
  • Square Feet6700
  • Parking100+
  • LicensesHealth, Business & ABC Type 47 Hard Liquor Licenses
  • Open HoursMon-Thurs 10am-2am Fri-Sun 8am-2am

Lease

  • Rent$8,144 + NNN
  • Expiration2020
  • Yearly Increase5% Negotiable
  • Option5 yr option
  • Deposit$25,000

Financials

  • Monthly Revenue$70,000
  • Monthly Cash FlowContact For Info
  • Annual Revenue$840,000
  • Annual Cash FlowContact For Info
  • Payroll$$19,709

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