Bar With Property Priced For A Quick Sale
Not Disclosed, CA Not Disclosed
Central part of state
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- RE: Bar With Property Priced For A Quick Sale
- Contact: Tony Moran
- License #: 01160661
Quick Facts
| Asking Price: | $150,000 | |
| Annual Revenue: | $387,692 | |
| Net Profit: | $23,697 | |
| Cash Flow: | $23,697 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1975 | |
| Employees: | 6 | |
| BBN Listing #: | 988635 | |
| Broker Reference #: | PH11614 |
Business Overview:
The recently deceased owner operated this bar for 45+ years. Known for its popular karaoke nights on Friday through Sunday, the bar draws a steady crowd. It offers a simple food menu, including pizza, hotlinks, and hotdogs, though food sales aren’t required. The bar holds Type on-sale liquor licenses, with well drinks at $4.50 and premium spirits up to $15. Staff include a full-time manager, one full-time bartender, and four part-time bartenders. The free-standing building must be purchased for an additional $850,000. Observation required to appreciate the business. This is a great opportunity for an experienced owner. PH11614
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Property Features and Assets:
Licenses: Liquor and Business
Rent $3,828, Square Feet 2,320
Hours 9:45 am to 1:45 am
2 contractors
Real Estate is available $850,000 but not included in the purchase price
Reason for Selling:
Passing of OwnerAdditional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more California businesses for sale
- View more Businesses For Sale in the same industry
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