Home

|

Site Map

|

Advertise

|

Contact Us

|

About Us

FRANCHISE DIRECTORY

FRANCHISE RESOURCES

NEWSLETTER

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

South Bay Bar & Restaurant With Parking & Growth

Location  California,United States
Asking Price Range  $250K - $500K
Gross Revenues  $663000
Net Profit / Cash Flow  $40000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  1988
Number of Employees  10 - 19
Relocatable  No
Number of Employees  10 - 19
Real Estate  Leased
Training  2 weeks at 20 hours/week.
Reason for Sale  Personal.
Description  This well established South Bay bar and restaurant is one of only a few that operate in the coveted Redondo, Hermosa and Manhattan Beach communities. The sale includes all of the business's furniture, fixtures and equipment (with a few minor exceptions), as well as the facility's liquor license and years of established goodwill. While the venue is allowed to promote happy hours, collect door fees (though they rarely do) and host karaoke, they can only offer live entertainment (no dancing) a handful of days per year. The bar and restaurant attract a loyal crowd of patrons due to the nature of its ever popular concept. Asking Price $400,000. This 10,000 square foot facility leases for $12,500 per month on a secure lease until 2018, with options to be negotiated in the sale. All of the business's furniture, fixtures, equipment, goodwill, lease rights, permits and liquor license are included in the sale. Remaining beer, wine and liquor inventory will be sold at cost at close. The South Bay's beach communities are considered to be highly competitive food and entertainment markets. Few venues offer the overall size and breadth of offerings that this unique business is able to offer its loyal patrons, thus providing it a long-term sustainable competitive advantage. This formidable bar and entertainment venue (no DJ or live entertainment) has a great deal of expansion opportunity as it does not enjoy the benefits of a professional hospitality management team or aggressive promotion, nor does it boast the innovative menu common to many of the areas most popular nightlife venues. In fact, this bar and restaurant is semi-absentee managed by someone new to the industry who remained focused on his full-time career versus on bringing this venue to its full potential!
Click Here To Contact Seller

    

For more business opportunities like this go to:
http://www.globalbx.com

Home | Franchise Directory | Franchise Resources | Franchise Newsletter | Businesses For Sale | Site Map | Advertise | Contact Us | About Us
Franchise Opportunity Quick Guide | Terms & Conditions      © 2004 - . All Rights Reserved