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- RE: South Bay Bar – Quintessential Dive
- Contact: Ryan Clark
Quick Facts
| Asking Price: | $199,000 | |
| Annual Revenue: | $252,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | $40,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1984 | |
| Employees: | 4 | |
| BBN Listing #: | 1017921 | |
| Broker Reference #: | PRABAR |
Business Overview:
This cozy South Bay dive bar provides its patrons a relaxed, friendly atmosphere. The venue boasts excellent freeway access, is adjacent to a popular business that attracts customers, and has a large management office. This quintessential dive bar offers affordable drinks, billiards, sports event viewing and a classic pub like experience.
Contact the Seller:
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Property Features and Assets:
This venue is comprised of a 1,200 square foot structure including a spacious 400 square foot (approx.) management office that will lease for $4.5k per month, on a new 5 year lease with one 5 year option. The sale includes all of the business’s furniture, fixtures, equipment, and liquor license. An estimated $5k in inventory will be sold at cost at close in addition to purchase price.
Market Competition and Expansion:
This bar enjoys a largely local client base comprised of patrons that work or reside in the area, or those who visit a large nearby sporting facility. The venue’s main street throughway and freeway access provide it stellar access and main street visibility – which are further complimented by 2 busy neighboring businesses.
This absentee run venue can benefit from an onsite working owner-operator with hospitality experience that can provide friendly customer service and ensure strong sales.
Reason for Selling:
Shift of focus to alternate concepts. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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