Premier Downtown Bar, Rest & Club With Hard Liquor

Not Disclosed, CA
Sacramento County

Asking Price: Annual Revenue:
$795,000 $3,993,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Premier Downtown Bar, Rest & Club With Hard Liquor Broker: Seller of Business

Quick Facts

Asking Price: $795,000
Annual Revenue: $3,993,000
Net Profit: Not Disclosed
Cash Flow: $583,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 911511533
Broker Reference #: 3633

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Business Overview:

Premier Downtown Bar, Rest & Club With Hard Liquor License – Craft Cocktails With A Unique Location.

RRC#: 3633
Asking Price: Offered At $795,000
Location: Sacramento County
Annual Revenue: $3,993,000
Annual Cash Flow: $583,000
Monthly Rent: $15,500

Listing Description:
Don’t think of your everyday, ordinary Bar, Club and Restaurant as this establishment is so unique and extremely impressive. The location is incredible within the redevelopment of the Sacramento Downtown area just a stone’s throw from the new Arena and the whole redevelopment. $2.4 million was spend over the period 2016-2018 turning an 8,000 sq ft derelict building into one of Sacramento’s classy hot spots serving exciting food, craft cocktails, wines and beer. Monthly Rent is only $15,500 with a minimum 12 years remaining. The rent in this immediate area should be almost $4.00 psf. The reason for this low rent is because of the huge initial investment ($2.6 million) made in 2016-2018 with $0 TI’s from the landlord. Included in the purchase is the owner’s investment/renovation debt liability. $795,000 for the business plus $1.1million loan debt. A real turn key place in superb condition with solid revenue growth (Monthly Revenue over $200,000) sold with all the staff and manager in place. Take a look at this opportunity, take a real look at the location of this bar & restaurant and then imagine how this may be the one you’ve been looking for. All financials below are budgeted for 2020. To receive more information and discuss this opportunity with the broker please complete the ‘Non-Disclosure Agreement’ on our website and we’ll send you the name and address of this business opportunity along with full financial information, lease & full list of equipment included with the sale. We’ll also send you the Broker’s direct contact information so you can discuss this opportunity in more detail. All financials below are budgeted for 2020.

General Information:
Organization: LLC
Established: 2016
Current Owner: 2016
Employees: 35
Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: $332,750
Monthly Cash Flow: $48,583
Annual Revenue: $3,993,000
Annual Cash Flow: $583,000
Payroll: $129,166
Monthly Revenue: $332,750
Monthly Cash Flow: $48,583

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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.

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