Seller's Contact Information
- RE: LGBTQ Alternative Lifestyle Bar With Gaming
- Contact: Ronsmith@fcbb.com
- License #: S.0013503
Quick Facts
Asking Price: | $100,000 | |
Annual Revenue: | Not Disclosed | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | $100,000 | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | Not Disclosed | |
BBN Listing #: | 30485142 | |
Broker Reference #: | 101-22628 |
Business Overview:
A classic Alternative LGBTQ lifestyle bar is being offered due to the death of previous owner. This location is a grandfathered location for 15 gaming machines (without kitchen) and also available for liquor license. Any new buyer would have to qualify for a gaming and liquor license at their sole expense. The bar must remain an alternative lifestyle bar without exception. The bar is currently closed for remodeling but an ideal time for new buyer to work with landlord for new lease and remodeling input requests. Landlord is offering a new long-term lease and will include all equipment, furniture and leaseholds currently within the lease space. For a quick response to your inquiry, please contact Ron Smith (RE# S.0013503.LLC; CA DRE 00841000; Business Broker Permit# BBP.0000462). Please use reply to this ad button to contact us.
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Property Features and Assets:
This is a leased location of 3,700 square feet with a Total monthly rent of $6,924.55. Lease ends in 5 years with one 5-year option. Hours of operation are 24/7. $100,000 in FF&E included in the asking price. $75,000 made in leasehold improvements. Other Assets include Grandfathered gaming license for 15 gaming machines without operating kitchen. Gaming & liquor license required.
Reason for Selling:
Landlord in possession of lease space due to the d
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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