Business for Sale Overview:
This Anaheim bar with full liquor, no food requirement and excellent rent has been a stable earner for the past 10 years, and likely for decades. This bar presents a working owner a unique opportunity to work in an jovial environment, enjoy a ‘cheers-like’ customer base of ‘regulars’, and grow the revenues by capitalizing on the liquor license and conditional use permit which is described to have few, if any, restrictions. The bar has recently had a $15,000 drink / tap pour system installed to reduce waste, as well as a $3,500 security surveillance system installed to eliminate pilferage. The bar, whose attractive female servers draw a largely male patron base with its risque theme (though this is not a bikini or adult oriented bar), offers clients video games, billiards, a variety of television programs, jukebox music, and a tantalizing, friendly female wait staff. The location is ideal for a working owner, as the current owner is semi-absentee and does not actually work as a general manager or bartender at the establishment.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
This 2,800 square feet facility leases for an amazing $3,200 per month with 4 years remaining on the lease, and at least one five year option. The sale includes all of the assets of the business (except for video games, which are on a lease agreement) including two serving stations, several beer taps, an ice machine, pool tables, a jukebox, and as many LCD television’s as anyone can hope for in a facility this size.
Market Competition and Expansion:
Given the nature of this type of watering hole, this business enjoys the benefits of drawing a loyal local customer base, a small amount of vacationer traffic (from conventions, Angel’s Games, and to a lesser degree, Disneyland and Knott’s Berry Farm), as well as several groups of evening and weekend revelers who enjoy the casual atmosphere and friendly waitstaff.
The current owner does not directly work at the bar, or engage in any form of marketing, advertisements or promotions to draw customers in. A full-time working owner could tremendously reduce wage (and other) expenses, while potentially increasing the customer service offering. Periodic promotions, including themed nights, sporting events viewings, customer contests, etc. could significantly contribute to the bar’s popularity and maximize the business’s profitability.
Reason for Selling:
Retirement
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.