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Business For Sale

Lounge Bar

San Fernando Valley, CA

Food & Beverage: Bars, Clubs, Nightspots

Business For Sale
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$439,000
$385,000
Not Disclosed
$170,650
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
Not Disclosed
0
491229728

Business Overview:

Great Opportunity to invest in well established bar, lounge in North San Fernando Valley. Bar is located on busy street and surrounded by commercial, industrial and residential buildings. Loyal customers enjoy multiple game machines, dart competitions, ambiance and friendly service. 47 Liquor License, adjacent kitchen serving clients 11 am to 2 am. Cash based demographics, in addition to walk-ins, this lounge is located inside well known hotel and hotel’s guests are frequent visitors. Recession proof business, although sales is slightly down, business is profitable. Seller is not working on daily bases at the lounge, working seller who is on top of daily operations will undoubtedly increase the sale. Additional cash revenue comes from game machines and dart board usage. Excellent Lease terms and very easy lease payments. Call Alex Levitan, Sunbelt Business Broker (818)640-8080, or submit the NDA (Non Disclosure Agreement) Online. WWW.SUNBELTCA.COM -> CONFIDENTIALITY AGREEMENT -> SUBMIT ONLINE ->PREFERRED BROKER ALEX LEVITAN All of the above information per Landlord, please rely on your own due diligence on market conditions in Ventura County and Ventura City before making any commitment and decision making

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.

Reason for Selling:

Retire

Additional Details:

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

Resources: