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Businesses For Sale   >>   California Businesses For Sale Categories   >>   

Tavern With Liquor, Parking, No Food

Location  California,United States
Asking Price Range  < $250K
Gross Revenues  $363580
Net Profit / Cash Flow  $119761
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  1991
Number of Employees  6 - 9
Relocatable  No
Number of Employees  6 - 9
Real Estate  Leased
Training  2 weeks at 20 hours/week.
Reason for Sale  Personal.
Description  This well established South Bay Area bar with full liquor license has been a favored spot for the sports fanatics, as well as a favorite of the locals due to its laidback atmosphere. This ''old school'' tavern operates in a clean, simplistic manner that has allowed the owner to not be involved in its daily operation. Asking Price $235,000 + Inventory This 2,000 square foot location with its own parking lot leases for $2,500 per month on a lease until July 2021 with options to be negotiated. The sale includes all of the business's assets including a pool table, dart machine, flat screen TV's, full bar with tap system and a surveillance system to monitor on site or off. The staff run bar can serve until 2 am and has room to expand if desired. This bar has been a neighborhood favorite local tavern with its loyal patrons for years. While competition exists, this prime location on a major thoroughfare offers access and parking that is tough to compete with. As the seller has been pleased with the bar's consistent financial returns, they have adopted a strategy of 'if its not broken, don't fix it'. As such, several avenues for growth exist. New owners may seek to offer more draft beers or possibly implement food service.
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