The owners of this fantastic East Bay sports bar spared no expense. Located on a prime location, in one of the East Bay's most populated cities, this stunning large open space is roughly 4500sf and boasts high ceilings, beautiful wood beam work, a large bar with custom detailing, a specialty service bar for handling large events and table orders, a 12 Handle glycol beer tap system at both bars, games and entertainment, and screens everywhere. The seller's have beautifully maintained the space over the years and recently made a number of improvements in 2023. The owners also invested heavily in the state of the art AV system, which can be purchased at an additional cost. The included equipment is extensive, and includes everything in the 500sf full service kitchen equipped with a 16' type 1 hood, as well as fully equipped bars, a satellite bar, 4 fryers, griddle, grill, oven, two 10x8' Walk-ins and so much more. A full equipment list can be provided upon request. The space has a capacity of ~250, but can swell to nearly double that for major events. The layout of the space is ideal for events, and group parties which can be hosted in more private areas not impacting or overflowing into the main bar and seating areas. The business rebounded well since 2020 and sold over $1.8million in 2022. The lease is strong, at less than $2sf, with ~4years left on the existing term plus two 5-year options. The landlord is great to work with and was extremely helpful and understanding during COVID. This space currently thrives as a sports bar and event space, but is the perfect foundation for any restaurant, nightlife or entertainment based concept. If that is what you are looking for then look no further.

General Info

  • OrganizationLLC
  • Established2018
  • Current Owner2018
  • EmployeesContact For Info
  • Reason For SaleOther Interests

Facilities

  • SeatingContact For Info
  • Square Feet4,400 +/-
  • ParkingEasy Street and Garage Parking
  • LicensesType 47 Liquor License, Health & Business
  • Open HoursEarly until Late daily

Lease

  • Rent$11,736
  • Expiration09/30/2028
  • Yearly Increase3%
  • Option2 Five Year Options
  • Deposit$36,393

Financials

  • Monthly Revenue$130,148
  • Monthly Cash FlowContact For Info
  • Annual Revenue$1,561,776
  • 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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