Established Walnut Creek Cocktail Lounge
Walnut Creek, CA Contra Costa County
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- RE: Established Walnut Creek Cocktail Lounge
- Contact: Steve Zimmerman
- License #: 01310250
Quick Facts
| Asking Price: | $195,000 | |
| Annual Revenue: | $626,392 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2004 | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 982811 | |
| Broker Reference #: | 4926 |
Business Overview:
Established Walnut Creek Cocktail Lounge with High Visibility Location, Type 48 Liquor License
RRC# 4926
Location: Walnut CreekÂ
Description:
This long-standing dive bar is a neighborhood favorite, known for its laid-back vibe, affordable drinks, and a loyal crowd of regulars. It's a no-frills spot where people come to unwind, enjoy good music, and hang out with friends. The bar has a spacious setup with a classic bar area, a small dance floor, and a DJ booth for lively events and themed nights. Seating options include bar stools and cozy lounge chairs, perfect for groups or solo visitors. Regulars love the friendly bartenders, the fun atmosphere, and the great tunes, making this place a go-to spot for a casual night out. This is a great opportunity for someone looking to take over a well-loved local watering hole with plenty of personality and potential. The current ownership has moved out of the area and is currently being operated 100% absentee. The bar is being sold as a value opportunity, leaving plenty of room for a new owner to step in, take an active role, and bring much-needed pride of ownership to the business. With hands-on management, there is significant potential to increase revenue, improve operations, and reestablish this local favorite as a thriving neighborhood hotspot.
Financial Information:
Monthly Revenue: $52,199
Monthly Cash Flow: Contact for Info Â
Annual Revenue: $626,392Â
Annual Cash Flow: Contact for InfoÂ
General Info:
Ownership: LLCÂ
Established: 2004
Employees: Contact for InfoÂ
Reason For Sale: Other Interests
Monthly Rent: $4,635 (all in)Â
Expiration: NegotiableÂ
Facilities:
Square Feet: 2,000 +/- (unconfirmed)Â
Seating: 90Â
Parking: Parking Lot Â
Licenses: ABC Type 48, Business and Health PermitÂ
Days/Hours of Operation: 5PM - 12AM DailyÂ
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Property Features and Assets:
Facilities:
Square Feet: 2,000 +/- (unconfirmed)
Seating: 90
Parking: Parking Lot
Licenses: ABC Type 48, Business and Health Permit
Days/Hours of Operation: 5PM - 12AM Daily
Market Competition and Expansion:
General Info:
Ownership: LLC
Established: 2004
Employees: Contact for Info
Reason For Sale: Other Interests
Monthly Rent: $4,635 (all in)
Expiration: Negotiable
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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