Business For Sale

Established Profitable Cocktail Lounge

Alameda, CA
Alameda County


Asking Price: Annual Revenue:
$179,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli


Request More Information
Contact the Seller

RE: Established Profitable Cocktail Lounge Broker: Seller of Business

Quick Facts

Asking Price: $179,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 713111533
Broker Reference #: 2579

Email, Print & Share

Request More Information
Contact the Seller


Business Overview:

Established Profitable Cocktail Lounge Type 48 License Long Term Below Market Lease

RRC#: 2579
Asking Price: $179,000
Location: Near Downtown Location, Alameda County, California
Yearly Revenue: Contact For Info
Yearly Cash Flow: Contact For Info
Monthly Rent: $3,500

LISTING DESCRIPTION:
This is long term established bar operation in a popular city. There is a long bar with 20 bar stools and numerous tables and chairs and 3 pool tables (which are provided by vendor and revenue is shared). There is a below market lease and the rent in the option period is fixed with minimal increases and the tenant also has the first right of refusal to purchase the building. Some of the equipment includes as follows: 2 beer keg refrigerators with 6 taps each, refrigerator for storing bottles, POS system with 2 printers, credit card processing machine, 7 TV''s, new projector with screen, security system with 8 cameras, numerous sinks and ice bins, etc. The pool tables, ATM, juke box and ice machine are rented and there is shared revenue with the vendor for the pool tables, ATM and jukebox.

GENERAL INFORMATION:
Organization: LLC | Seating: 146 capacity | Square Footage: 2,550 + lot is 4,590 | Parking: Parkling lot and street | Licenses Required: ABC Type 48 License, Business | Reason For Sale: Other Interests |

FINANCIAL INFORMATION:


LEASE INFORMATION:
Monthly Rent: $3,500 | Lease Expiration: 12/31/2022 | Yearly Adjustment: 3% or CPI | Lease Option: 10 years |

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Additional Details:

  • The property is owned.
  • 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.

Relevant Links:

Request More Information
Contact the Seller



BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!