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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

Bar With Liquor And Real Estate - No Food Required

Location  California,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $401855
Net Profit / Cash Flow  $20845
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  1957
Number of Employees  4 - 5
Relocatable  No
Number of Employees  4 - 5
Real Estate  Owned
Training  2 weeks at 20 hours/week.
Reason for Sale  Retirement.
Description  This Hemet bar for sale includes a full liquor license (Type 48) that is not required to serve food, and also includes the real estate with onsite parking. This opportunity offers the rare instance of owning both the business and the property, allowing the buyer to be their own landlord and avoid the hassle of negotiating lease terms or options. The inclusion of real estate also offers potential bank financing options. The business is available for sale without the real estate at an asking price of $300,000. Asking Price $650,000. The business operates from a 1,800 square foot facility. The real estate includes two additional retail spaces, one currently leased, and one available for lease, offering a new owner additional rental income. All of the business assets and real estate are included in the total asking price, including the Type 48 liquor license. Inventory estimated at $5,000 will be sold in addition to the purchase price at cost at close. Competition is considered medium as other similar restaurants exist in the area, however the opportunity has a unique market position and a business with both a Type 48 license and real estate is rarely presented. This business has plenty of room for growth. The business is operated absentee with the owners somewhat removed from the daily operations. An owner who is either working the bar or more involved will naturally have better insight on how to improve operations and increase revenues with both marketing efforts and operational controls. Given that the adjacent space would be included in the sale and is vacant, new owners could theoretically join the two spaces and launch a sports bar, a large scale lounge or billiards hall, or take the business in any direction they see fit if they can obtain ABC approval for the expanded use of the license.
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