Classic Bar in great location

Not Disclosed, CA
Los Angeles County

Asking Price: Annual Revenue:
$104,900 $425,457

Food & Beverage: Bars, Clubs, Nightspots

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RE: Classic Bar in great location Broker: Mike Grover

Quick Facts

Asking Price: $104,900
Annual Revenue: $425,457
Net Profit: Not Disclosed
Cash Flow: $27,313
Total Debt: Not Disclosed
FF&E: $80,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 5
BBN Listing #: 120950852
Broker Reference #: 25541-986895

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Business Overview:

Classic Bar in great location. Plenty of parking spots and return clientele. Efficient kitchen that could be sublet for additional revenue. 47 Liquor License (Estimated Goodwill value of $90k). Gross annual revenue includes 25% cash. Many extras - Lottery, Darts, Pool. Perfect for expansion into entertainment venue (additional permit will be required). Robust scalable POS system. SDE assumes Owner operator. Owners moving into different industry. Non-disclosure and buyer profile will be required for further discussion. Can be purchased as restaurant only for $49,900.

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Reason for Selling:

Career change.

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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