Established Billiard Hall - Type 42 Beer Wine License
Location California,United States
Asking Price Range < $250K
Gross Revenues $156000
Net Profit / Cash Flow $0
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 2007
Number of Employees 6 - 9
Relocatable Not Disclosed
Number of Employees 6 - 9
Real Estate Leased
Description Established Billiard Hall With Type 42 Beer And Wine License
RRC#: 1823
Asking Price: $59,000
Location: Sacramento, Sacramento, California
Yearly Revenue: $156,000
Yearly Cash Flow: Contact For Info
Monthly Rent: $2,350
Only $59,000 for this fully equipped Billiard hall, Bar with Type 42 beer and wine license (No food required) with years of goodwill and cash-flow. This business is situated on a busy main highway and cross street. The present owner is almost totally absentee, has a day job and is operated by part time bar staff requiring little management. 7 good condition Pool tables, 10 cocktail tables, 45 stools, 3 flat screen TV's, security camera system and a well-equipped bar. This type 42 Beer and Wine license allows you to sell alcohol without serving food. Although, there are many local restaurant neighbors who may possibly service food delivery. The Bar has 14 beers on Tap, five refrigerators for Kegs, 3 beer mug freezers, 1 beer bottle fridge and fully equipped with all glassware. Seller is highly motivated and will assist buyer in operational training and introduction to the many locals. This is a simple business and has so much scope for improvement. With the addition of live music, more TV's and some simple food, this bar should be a profitable venture with huge upside. Only $59,000 asking price and the seller is motivated. Don't wait too long as this business will be sold soon. NO BROKER COOP.
GENERAL INFORMATION:
Organization: LLC | Year Established: 2003 | Current Owner: 2010 | Seating: 30 | Square Footage: 2,700 | Parking: Parking lot for 100+ | Licenses Required: Business, ABC Type 42 Beer & Wine | Days Open/Hours: 7 / 11a-2a | Reason For Sale: Retirement |
FINANCIAL INFORMATION:
Yearly Revenues: $156,000 |
LEASE INFORMATION:
Monthly Rent: $2,350 | Lease Expiration: 2/2014 | Yearly Adjustment: not to exceed 5% | Lease Option: New lease
Click Here To Contact Seller
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