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South Bay Area Tavern w/Liquor, Parking & No Food Required

California, South Bay Area
Asking Price $175,000.00
Gross Income $363,580.00
Cash Flow $363,580.00
EBITDA
Furniture, Fixtures & Equipment (FF&E)
Inventory
Real Estate
Year Established
Number of Employees
Type of Real Estate Offered
Business Type
  • Bar Restaurant

  • Tavern
Overview
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
Business Details
Location and Facilities: 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.

Support/Training: 2 wks at 20 hrs/wk

Market Information and Position: Growth Potential As the seller has been pleased with the bar 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. This bar has been a neighborhood favorite local tavern with its loyal patrons for years. Competition: While competition exists, this prime location on a major thoroughfare offers access and parking that it tough to compete with.

Reasons for Selling: Personal

Financing:

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