Spectacular Bar & Restaurant in San Diego Gaslamp

San Diego, CA
San Diego County

Downtown San Diego


Asking Price: Annual Revenue:
$890,000 $1,817,512

Food & Beverage: Bars, Clubs, Nightspots


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RE: Spectacular Bar & Restaurant in San Diego Gaslamp Broker: Todd Bell

Quick Facts

Asking Price: $890,000
Annual Revenue: $1,817,512
Net Profit: Not Disclosed
Cash Flow: $231,056
Total Debt: Not Disclosed
FF&E: $665,446
Real Estate: Not Disclosed
Year Established: 2001
Employees: 25
BBN Listing #: 264323364
Broker Reference #: 106-15326

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Business Overview:

Located in San Diego's historic Gaslamp Quarter, this stunning bar and restaurant provides authentic libations and dining along with live entertainment and events. The 3,500 square feet. "Must see" venue contains all high-end furnishings and fully equipped kitchen with Ansul hood and grease trap. The sale includes all furnishings, fixtures, equipment, Assistant General Manager, 25 fully trained staff, ABC 47 and Live Entertainment licenses. The seller is ready to retire and place this amazing opportunity in the hands of the right buyer. Complete financials and tax returns validate business performance with 10% year-over-year growth. For additional information please contact Listing Agent Todd Bell or email us.

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Property Features and Assets:

This is a leased location of 3,500 square feet with a Total Rent of $15,432. Lease ends 08/2025. Seller is active in the business with 25 Part Time employees. Hours of operation are 11:30 AM to 1:30 AM Monday - Friday, 11:30 AM to 2 AM Sat, and 9 AM to 1:30 AM Sunday. $36,215 in Inventory and $665,446 in FF&E included in Asking Price. $236,272 in Leasehold Improvements. ABC 47 License and Live Entertainment 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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