First Class Bar & Lounge W/Entertainment

Business Overview:

This bar, restaurant and live entertainment club may be one of the San Gabrial Valley’s best kept secrets for those that enjoy a sophisticated menu, drink offering and atmosphere that exudes character.  This venue boasts live entertainment that showcases top talent, a massive bar with a renowned liquor selection, a semi-private VIP room with a separate bar, a high visibility front and rear patio, a manager’s office, and a spacious kitchen that includes a full-line of equipment, a convenient pass through service station, and a large walk-in cooler.  

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Property Features and Assets:

This 2,500 square foot location, which had been fully renovated, leases for $5,032 per month including common area maintenance (CAM) expense, on a lease until 12/31/28 with one 5-year option. All of the business’s furniture, fixtures, equipment, Type 48 Liquor License, and goodwill will be included. An estimated $20k in inventory will be sold at cost at close.

Market Competition and Expansion:

While competitors exist in this popular entertainment area, this lounge’s patrons visit from near and far because of its inviting, refined atmosphere, where guests can enjoy creative dishes and hand-crafted drinks in a relaxed yet refined setting.  Music aficionados appreciate the varied selection of talent the establishment is able to draw, foodies enjoy the revolving menu with high-quality, distinctive offerings, and whisky connoisseur relish the available selection of top shelf and hard to find spirits. As a result these attributes, little real direct competition exists. 

New management, who will ideally be local, will wish to aggressively promote the venue for precisely what it is - a remarkable live entertainment venue and speakeasy with remarkable character, fantastic talent, and a menu to please the most discerning palates.  The venue may consider extending its operating hours, or days of the week, and can promote its availability for daytime corporate or community events, quaint or large private parties, specialty music or comedy nights or talent showcases, and far more. 

Reason for Selling:

Remotely Operating. Kindly ask the seller for more information.

Additional Details:

Documents:

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