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  • RE:  South Bay Bar With Property – Local Venue
  • Contact:  Ryan Clark
Owner Financing is Available!
Seller has an SBA loan that may potentially be assumed by a qualified buyer

Quick Facts

Asking Price: $1,100,000
Annual Revenue: $252,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1984
Employees: 4
BBN Listing #: 984935
Broker Reference #: PRABAR

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Business Overview:

This cozy South Bay bar provides its patrons a relaxed, friendly atmosphere. The venue boasts excellent freeway access, is adjacent to a popular business that attracts customers, and has a large management office and a separate income producing tenant. This quintessential dive bar offers affordable drinks, billiards, sports event viewing and a classic pub like experience.

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Property Features and Assets:

This overall property is comprised of an 1,973 square foot structure on a 0.12 acre lot. The bar has a spacious 400 square foot (approx.) management office and a tenant with another 500 square feet (approx.) that leases for $1,200/month. The sale includes all of the business and property’s furniture, fixtures, equipment, and liquor license. An estimated $5,000 in inventory will be sold at cost at close in addition to purchase price.

Market Competition and Expansion:

This bar enjoys a largely local client base that work or reside in the area, or those who visit a large nearby sporting facility. The venue’s main street throughway and freeway access provide it stellar access and main street visibility – which are further complimented by 2 busy neighboring businesses.

Reason for Selling:

Personal

Additional Details:

  • The property is Leased.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

Documents:

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