Asset Sale with Tons of Potential! Bring your concept to this turn key restaurant & bar with ABC type 41 license and 16 craft beers on tap. Recently completed a $400,000 remodel. Perfect for a Sports Bar! Features concrete floors, brick walls, cool black, double high ceilings, large L shaped wood bar and custom lighting. With 8000 sq. ft. there is ample dining, bar and special event space. New CUP allows you to open until 1:00AM. Grand attractive tables for large parties. Features a large, fully equipped kitchen for high volume with walk in cooler, walk-in beer cooler, grease trap, storage room, office, dishwashing area and additional storage area. 17 private parking spaces. There are all new ADA bathrooms and fresh paint. Additional income from filming possible. Business is currently closed except for special events. Seller's are motivated. Contact Teri and make an offer!

General Info

  • OrganizationContact For Info
  • Established2005
  • Current Owner2019
  • EmployeesContact For Info
  • Reason For SaleOther Interests

Facilities

  • Seating99
  • Square Feet8000
  • Parking17 space private parking spaces plus street parking
  • LicensesCity Business License, ABC Type 41, Health Dept Permit
  • Open Hours5:00PM-11:00PM Weekdays. 11:00AM-1:00AM weekends.

Lease

  • Rent$10,300 gross
  • ExpirationJune 2027
  • Yearly IncreaseContact For Info
  • OptionYes
  • DepositYes

Financials

  • Monthly RevenueContact Agent
  • Monthly Cash FlowContact Agent
  • Annual Revenue$312,000
  • Annual Cash FlowContact For Info
  • PayrollContact For Info

Financing

  • Down PaymentContact For Info
  • Note BalanceContact 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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