Local Bar Live Music Venue Strong Cash Flow

Not Disclosed, CA
Riverside County


Asking Price: Annual Revenue:
$800,000 $888,510

Food & Beverage: Bars, Clubs, Nightspots


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RE: Local Bar Live Music Venue Strong Cash Flow Broker: Rick Rayl
Owner Financing is Available!
$450,000.00

Quick Facts

Asking Price: $800,000
Annual Revenue: $888,510
Net Profit: Not Disclosed
Cash Flow: $198,946
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1968
Employees: 9
BBN Listing #: 74355367
Broker Reference #: 86808-444564

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Business Overview:

Popular Dive Bar and Live Music Venue with Strong Cash Flow!
This bar has been an institution for many years and has attained almost legendary status. Currently very profitable, there is low hanging fruit to add more sales.
The owner is very flexible and will consider trading for another business, and airplane, or real estate.
Significant owner financing available.
The bar and the building are available separately or together.
Building was recently appraised above asking price.
Owner will carry a significant part of the price as a seller note!
Bar has a CA 48 liquor license allowing sales in public places.

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Property Features and Assets:

Two story building with business downstairs and a rentable living quarters upstairs.

Reason for Selling:

Career change

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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