Business Overview:
Popular East Bay Pub on Downtown Main Thoroughfare with Full Liquor and Entertainment License
RRC#: 4239
Asking Price: $299,900
Location: Contra Costa County
Annual Revenue: Contact for Info
Annual Cash Flow: Contact for Info
Monthly Rent: $18,288.88 (All Inclusive)
Expiration: 2030 plus Two 5 Year Options
Listing Description:
Sports bar/pub for sale in an excellent location in an affluent, East Bay city along the 680 corridor. The pub was established in 2010, and earned a reputation for being a great place to watch televised Bay Area sporting events. The pub also hosts live entertainment on Friday and Saturday nights. The pub has a front patio and a back patio, and its own fenced-in parking area which has hosted private events in the past.
Prior to the pandemic, this pub was very successful, with average revenue of $1,506,849 for eight of the years prior to the pandemic. A new owner purchased the pub in March of 2020, and the timing of the purchase, combined with the owner’s health challenges, contributed to an under-performing couple of years.
There is tremendous opportunity for a new owner/operator to revitalize the menu, and add a more modern cocktail program – while also leveraging the pub’s reputation as a great place to watch Bay Area Sports and live entertainment. A new owner/operator could capitalize on the advantages this business presents – its location, outdoor space, and multiple licenses – to turn this pub into a revitalized local favorite.
There is an upstairs rental unit with terrace, which could be rented out and generate rental income or could be used as a separate office.
The kitchen is well equipped with type 1 hood, ansul system, walk-in cooler, walk-in freezer, designated walk-in keg cooler, fryers, 4 burners & griddle combo top with 2 ovens below, prep top fridges and much more. The bar is also equipped with a stage and equipment for the live performances. A full equipment list is available upon request.
General Information:
Organization: LLC
Year Established: 2010
Employees: Contact for Info
Reason For Sale: Other Interests
Financial Information:
Monthly Revenue: Contact for Info
Monthly Cash Flow: Contact for Info
Annual Revenue: Contact for Info
Annual Cash Flow: Contact for Info
Annual Payroll: Contact for Info
Facilities:
Square Feet: 3,439
Seating: 76 +/- Inside and 26 +/- Outside
Parking: Street Parking and Public Lots
Days/Hours of Operation: 1pm - 8pm Tuesday - Thursday, 1pm - 1am Friday, Saturday
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Property Features and Assets:
Square Feet: 3,439
Seating: 76 +/- Inside and 26 +/- Outside
Parking: Street Parking and Public Lots
Reason for Selling:
Other Interests.
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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