Please Confirm
Are you sure you wish to REMOVE from your request basket?
Established Walnut Creek Cocktail Lounge
WALNUT CREEK, CA
CONTRA COSTA County
 |
|
| Asking Price: | Annual Revenue: |
| $695,000 | $845,003 |
Food & Beverage: Bars, Clubs, Nightspots
Request More Information
Contact the Seller
RE: Established Walnut Creek Cocktail Lounge
Contact: Steve Zimmerman
License #: 01310250
Quick Facts
| Asking Price: | $695,000 | |
| Annual Revenue: | $845,003 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $242,979 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 176811533 | |
| Broker Reference #: | 4507 |
Request More Information
Contact the Seller
Business Overview:
Established Walnut Creek Cocktail Lounge, $845,000 Sales, $242,979 Profit, SBA Pre-Approved Loan
RRC# 4507
Location: Walnut Creek
Description:
This business has been pre-approved for an SBA loan which means with as little as ten percent (10%) to fifteen percent (15%) down payment SBA will finance the remainder of the sales price subject to the buyer becoming pre-qualified by SBA. This long established cocktail lounge is a fixture in the neighborhood with a strong base of regular customers. There is a long bar area with approximately 10 bar stools and an additional area that has 8 bar stools. There is a homey comfortable bar lounge with a fireplace and a combination of banquette seating, stand up bar height tables and tables and chairs. There are video games, pool tables and large flat screen TV's mounted throughout the facility. Some of the major equipment includes as follows: 2 door 3 door under counter refrigerators each containing 4 taps on top, 2 ice bins, 3 compartment sink, surveillance system, sound system with numerous speakers throughout the facility, 3 door under counter refrigerator, ice machine (rented), 2 door under counter refrigerator, under counter refrigerator, safe, microwave, mop sink and full door glass refrigerator. There are also 2 restrooms and a storage area.
Financial Information:
Monthly Revenue: $70,416
Monthly Cash Flow: $20,248
Annual Revenue: $845,003
Annual Cash Flow: $242,979
Annual Payroll: Contact for Info
General Info:
Ownership: LLC
Established: Contact for Info
Employees: Contact for Info
Reason For Sale: Other Interests
Monthly Rent: $9,800
Expiration: Negotiable
Facilities:
Square Feet: 2,489
Seating: 100 approximately
Parking: Parking lot
Licenses: Business, ABC Type 48
Days/Hours of Operation: 7: Monday - Saturday 10a-2a; Sunday Noon-2a
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.
Property Features and Assets:
Square Feet: 2,489; Seating: 100 approximately; Parking: Parking lot.
Reason for Selling:
Other Interests
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:
Relevant Links:
- View more California businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
Request More Information
Contact the Seller
