Asset Sale with Type 47 License

Chula Vista, CA
San Diego County


Asking Price: Annual Revenue:
$169,000 $250,000

Food & Beverage: Bars, Clubs, Nightspots


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RE: Asset Sale with Type 47 License Broker: Shawn Ko
License #: 01993063

Quick Facts

Asking Price: $169,000
Annual Revenue: $250,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 1999
Employees: 3
BBN Listing #: 281223364
Broker Reference #: 106-15447

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Business Overview:

This is a bar and restaurant that has been in operation for over 20 years with a loyal customer base. This freestanding business is located directly off of the 5 freeway on a very busy street. There is a large parking lot, a fully equipped kitchen, full bar and an ABC type 47 license (full liquor) that is approved to be open until 2am. Ideal for conversion to any other concept with no restrictions. Seller wants to retire. For additional information, please contact Listing Agent Shawn Ko.

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Property Features and Assets:

This is a leased location of 3,380 square feet with a Total Rent of $7,106. Seller is active in the business with 3 Full Time employees. Hours of operation are 12 PM to 2 AM, 7 days a week. $50,000 in FF&E included in Asking Price. $100,000 made in Leasehold Improvements. ABC Type 47 License Required.

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.

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