This longstanding East Bay institution has operating continuously for over 40 Years. It holds one of only a few ABC Type 48 liquor licenses with zero restrictions or violations in the area. This Bar/Nightclub has decades of goodwill and loyal patrons. It is a staple within the LGBT community and its support thereof. It hosts special events, weekly DJs, Drag and many other themed and performance based nights. It has audio, visual and lighting components, a pool table and a play-your-own modern wall jukebox for the bar patrons. The bar sewer lines are brand new with over $23K invested. With a long-term lease and two 5-year options, the lease sets up a new owner for long-term success. Bar Equipment Includes: Two 3-compartment sinks w/ice well, one True 2-TopDoor Reach in Beer Cooler, 2 Terminal Micros POS with Printers, one 3-Beer Tap Tree, one 2-Beer Tap Tree, 7 TVs, 30 Barstools, 16 Tall Round Cocktail Tables, Banquet Seating, Various Bar Tools, Ample Storage, Misc Event Equipment and Decor, Host Desk

General Info

  • OrganizationContact For Info
  • Established1976
  • Current OwnerContact For Info
  • Employees10
  • Reason For SaleOther Interests

Facilities

  • Seating180 capacity
  • Square Feet2,000
  • ParkingParking lot and easy street
  • LicensesType 48
  • Open Hours4pm - 2am 7days

Lease

  • Rent$6,000
  • ExpirationNov 2026
  • Yearly Increase3%
  • Option2 5-yr option
  • DepositTBD

Financials

  • Monthly Revenue$52,500
  • Monthly Cash Flow$8,453
  • Annual Revenue$630,000
  • Annual Cash Flow$101,432
  • Payroll$10,685

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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