Remodeled High Energy Bar/Lounge; Type 48 ABC

Not Disclosed, CA
Contra Costa County

Asking Price: Annual Revenue:
$450,000 $842,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Remodeled High Energy Bar/Lounge; Type 48 ABC Broker: Steve Zimmerman

Quick Facts

Asking Price: $450,000
Annual Revenue: $842,000
Net Profit: Not Disclosed
Cash Flow: $170,452
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 358411533
Broker Reference #: 3310

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Business Overview:

This lounge is located in a fast growing downtown area with new multi-unit residential units and additional multi-unit residential construction underway as well as new retail and office development and a theater near by. This business started a couple of years and there is upside for expanded hours and days of operation as the lounge operates only part time 5 days a week . The space was totally remodeled with the following improvements: new floor, new bar top, banquette seating added, new air conditioners, new plumbing, and new audio equipment. There is a long bar, dance floor, DJ booth, storage area, office area and 2 ADA restrooms. Some of the equipment includes: POS system, 2- 3 compartment sinks, 2 ice bins, 9 taps, ice machine, walk-in refrigerator, 2 strobe lights, utility sink, 18 zone surveillance system, extensive audio equipment and 4 large screen TV’s etc. The operation charges a cover charge three nights a week. RRC#: 3310

General Information:
Organization: Corporation
Established: Contact For Info
Current Owner: Contact For Info
Employees: Contact For Info
Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: $70,166
Monthly Cash Flow: $14,204
Annual Revenue: $842,000
Annual Cash Flow: $170,452
Payroll: Contact For Info
Monthly Revenue: $70,166
Monthly Cash Flow: $14,204

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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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