Cocktail Bar - With Food - Open 5 Nights a Week

Not Disclosed, CA
Santa Cruz County


Asking Price: Annual Revenue:
$495,000 $900,000

Food & Beverage: Bars, Clubs, Nightspots


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RE: Cocktail Bar - With Food - Open 5 Nights a Week Broker: Agent on Duty
License #: 01995716

Quick Facts

Asking Price: $495,000
Annual Revenue: $900,000
Net Profit: Not Disclosed
Cash Flow: $75,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1991
Employees: 15
BBN Listing #: 363055232
Broker Reference #: 5099 NK

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Business Overview:

Listing # - 5099 NK

Cocktail bar with food, established 30 years.

Open 5 nights per week, only open in the evening.

Located close to the beach, University.

Has complete kitchen (owned by landlord), sales increasing.

Major expense: rent-$13,700 including all utilities, taxes + insurance, labor-18,000
25% cost of goods, advertising-500.

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Reason for Selling:

Partnership Split.

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.

Documents:

Relevant Links:

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