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BUSINESSES FOR SALE

If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

Businesses For Sale   >>   Bars and Nightclubs Businesses For Sale Categories   >>   

Adult Club Business For Sale, Bar Business For Sale, Bar Restaurant Business For Sale, Brew Pub Business For Sale, Gentleman Club Business For Sale, Irish Pub Business For Sale, Night Club Business For Sale, Pub Business For Sale, Sports Bar Business For Sale, Strip Club Business For Sale, Tavern Business For Sale

Beer And Wine Bar With Entertainment

Location  California,United States
Asking Price Range  $250K - $500K
Gross Revenues  $300742
Net Profit / Cash Flow  $124000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  2008
Number of Employees  10 - 19
Inventory  25000
Relocatable  No
Number of Employees  10 - 19
Real Estate  Leased
Training  2 weeks at 20 hours/week.
Reason for Sale  Personal.
Description  This Santa Monica / West Los Angeles live music venue with beer and wine offers its buyer a fantastic venue with an unparalleled location and limited immediate competition. This bar is a local favorite with its loyal patrons due to its craft beer offering, wine selection, and variety of live independent music shows in a comfortable, relaxed and unpretentious atmosphere. The very simple, turnkey operation has a seasoned staff and is already equipped for simple food preparation (it does not have a hood, nor is food service required). Asking Price $299,000 + Inventory ($15,000). This 1,500 square foot facility leases for $3,500 per month on a lease until November 2013, with two 5 year options to renew. All of the business's furniture, fixtures, equipment, goodwill, lease rights, permits and Type 42 Beer and Wine License are included in the sale. Live entertainment venues are very popular in the Greater West Los Angeles and Santa Monica areas due to their ideal demographic of college and post college age students, independent music fans and social revelers with discretionary income. This venue is ideally located to act as a neighborhood bar, as well as to attract independent music fans from near and far. The bar and live entertainment venue does not charge cover fees, nor does it take full advantage of its potential food service offering. New owners may seek to re-evaluate both potential areas for additional growth. New management may also seek to host additional themed nights, parties, sports related festivities, etc.
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