Business For Sale

6,550 Sq Ft Hard Liquor Licensed Bar

Sacramento County, CA
Sacramento County


Asking Price: Annual Revenue:
$110,000 $864,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: 6,550 Sq Ft Hard Liquor Licensed Bar Broker: Steve Zimmerman

Quick Facts

Asking Price: $110,000
Annual Revenue: $864,000
Net Profit: Not Disclosed
Cash Flow: $64,416
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 171111533
Broker Reference #: 2851

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Business Overview:

Only $110,000 asking price with $64,000 annual profit. A Steakhouse style restaurant with a valuable Type 47 Hard Liquor License included with the purchase. 6,550 square feet encompassing a large bar and dining room seating around 200 and a good sized kitchen which is well equipped to cope with the ever increasing demand for good steaks along with craft beers and cocktails located in the largest Sacramento suburb. The landlord owns most of the equipment but the tenant can use it all without the capital outlay of the business purchase. Hence the very low price of $110,000. The ABC license alone is worth around $45,000 together with $72,000 in monthly sales. Nicely appointed large Bar and Booth style Steakhouse dining room with ample parking makes this opportunity a good investment for well qualified buyers. The growth potential is immense. There is '0' competition in the area and a professional operator would really make a huge ROI. Complete the ‘Non Disclosure Agreement’ and we will send you the name and address and the financial information. We’ll also send you the Broker's contact information so you can discuss this opportunity in more detail. RRC#: 2851

GENERAL INFORMATION:
Organization: Corporation | Year Established: 1995 | Current Owner: 2012 | Employees: 2 Full Time & 19 Part Time | Seating: 200 | Square Footage: 6,550 | Parking: 100+ | Licenses Required: ABC Type 47, Business and Health Licenses | Days Open/Hours: 4pm - 11pm Daily | Reason For Sale: Other Interests

FINANCIAL INFORMATION:
Yearly Revenues: $864,000 | Yearly Cash Flow: $64,416 | Payroll: $19,760

LEASE INFORMATION:
Monthly Rent: 8,000 Approximately New Lease | Lease Expiration: New Lease Negotiable | Yearly Adjustment: New Lease Negotiable | Lease Option: New Lease Negotiable | Security Deposit: $8,000

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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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