Business Overview:
Longstanding Profitable Bar/nightclub For Sale. Abc Type 48! RRC#: 3595
Asking Price: Offered At $390,000
Location: Contra Costa County
Annual Revenue: $630,000
Annual Cash Flow: $101,432
Monthly Rent: $6,000
Listing Description: This longstanding East Bay institution has operating continuously for over 40 Years. It holds one of only a few ABC Type 48 liquor licenses with zero restrictions or violations in the area. This Bar/Nightclub has decades of goodwill and loyal patrons. It is a staple within the LGBT community and its support thereof. It hosts special events, weekly DJs, Drag and many other themed and performance based nights. It has audio, visual and lighting components, a pool table and a play-your-own modern wall jukebox for the bar patrons. The bar sewer lines are brand new with over $23,000 invested. With a long-term lease and two 5-year options, the lease sets up a new owner for long-term success. Bar Equipment Includes: Two 3-compartment sinks w/ice well, one True 2-TopDoor Reach in Beer Cooler, 2 Terminal Micros POS with Printers, one 3-Beer Tap Tree, one 2-Beer Tap Tree, 7 TVs, 30 Barstools, 16 Tall Round Cocktail Tables, Banquet Seating, Various Bar Tools, Ample Storage, Misc Event Equipment and Decor, Host Desk
General Information:
Organization: Contact For Info
Established: 1976
Current Owner: Contact For Info
Employees: 10
Reason For Sale: Other Interests
Financial Information:
Monthly Revenue: $52,500
Monthly Cash Flow: $8,453
Annual Revenue: $630,000
Annual Cash Flow: $101,432
Payroll: 10,685
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Reason for Selling:
Other Interests
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.
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