Businesses For Sale Network in California - San Francisco Bay Area/ Established Bar/Cocktail Lounge With Type 48 License, $1,330 Month Rent with Lots of Upside
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Listing View: Established Bar/Cocktail Lounge With Type 48 License, $1,330 Month Rent with Lots of Upside - Alameda County, California


Established Bar/cocktail Lounge With Type 48 License, $1,330 Month Rent With Lots Of Upside
Alameda County, California

Offered at:
$89,000

Office Listing #   RECENTLY SOLD - 1474
Revenue: $10,000 / month
Cash Flow: Contact For Info
Lease Rent: $1,330 / month
Square Feet: 1,100

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 Listing Description

This well established neighborhood bar has been around for many years and the current owner has owned the business since 1974 or for 36 years. He has been absentee for the past year or more so there is lots of upside for a hands on owner operator as the bar generated a lot more in sales when the owner was full time hands on. This bar has the right to have live music, DJ, dancing, kararoke, etc and currently it has very little entertainment. The bar has a warm friendly feeling with a long bar with 13 bar stools, a long bar height counter with 8 additional bar stools and has several games including a pool table, dartboard and several other games. Approximately 50% of sales are hard liquor, 45% beer and 5% wine. Some of the equipment includes as follows: 3 flat screen TV's and 2 conventional TV's, ice machine, mop sink, full door refrigerator, 2 ice bins, 3 door under counter refrigerator, cash register, compartment sink and microwave, etc. There is also a parking lot, storage an office areas. The rent is only $1,330 a month and new long term lease can be negotiated on reasonable terms and conditions.

General Information
Contact Information
Organization:   Sole Proprietorship
Year Established:   Contact For Info
Current Owner:   1974
# of Employees:   Contact For Info
Seating:   approx 50+
Square Foot/Size:   1,100
Parking:   Parking lot and street
License(s) Required:   Business, ABC Type 48 (hard liquor, no food required)
Days Open/Hours:   7 / M-W 4p-2a Thurs-S 10a-2a
Reason For Sale:   Other interests
     
Financial Information
Revenue:   $10,000 / month
Cash Flow:   Contact For Info
Payroll:   Contact For Info
Lease Information
Lease Rent:   $1,330 / month
Lease Expiration:   Negotiable
Yearly Adjustment:   Negotiable
Lease Option:   Negotiable
Listed by:   Steve Zimmerman
 Restaurant Realty Company
Email: Email Seller
Phone:  415-945-9701
Fax:  415-945-9702
Website:  www.restaurantrealty.com
Listings:  See All Listings by Broker
Profile:  View Broker Profile
      Confidential Statement: Download


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The information in this listing has been provided by the seller or broker stated in the contact section of the listing profile. As such, Business For Sale Exchange has no claim in the sale of this business and has not independently verified any of such information and assumes no responsibility for its accuracy or completeness.
 
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