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Business For Sale

Bar-48 License

North Orange County, CA

Food & Beverage: Bars, Clubs, Nightspots

Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$295,000
$377,000
$75,000
Not Disclosed
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1975
5
208820804

Business Overview:

There are very few bar/tavern 48 licensed businesses on the market today, but it is certainly a high demand business. In this case, there are not many that can match the features of this local neighborhood Bar which has been operating for 35 years in North Orange County. The full cocktail bar is complete with 8 draft beers and room for 80 patrons in this 2,000 square feet location. There are six -43” HD Flat Screens TV’s and Direct TV with the NFL Ticket as well as a Jukebox, two - Pool Tables, three Dart-Boards and two Beer Pong Tables. There are Pool Leagues and Dart Leagues two nights a week and Karaoke with DJ on Friday and Saturday night and Comedy on Sunday Night. There is also a Stage area for entertainment and the bar also has a Surveillance System with 9 cameras, inside and out. The current owner only works about 10 hours per week so it is basically operated absentee. The 5 part-time employees do a great job in managing the business and it is a fun local neighborhood favorite and very clean inside and out. The rent with CAM(common area maintenance) is only $2,754 with a long term lease in place. If you are familiar with 48 licensed bars/taverns then you understand the dynamics of this business and the huge upside. There is $10,000 inventory Not Included.

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:

Located on a very busy street with excellent visibility. Lease is good through Feb. 2019 with a 5 year option

Market Competition and Expansion:

There is a huge upside for a hands on operator considering the owner is only working 10 hours per week. A new owner can grow the already very profitable business by adding more to the pool and dart leagues and feature more specials and events.

Reason for Selling:

Re-locating

Additional Details:

  • The property is leased.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Resources: