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  • RE:  Premiere Sports Bar, Nightlife & Event Space
  • Contact:  Steve Zimmerman
  • License #: 1310250

Quick Facts

Asking Price: $375,000
Annual Revenue: $1,561,776
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2018
Employees: Not Disclosed
BBN Listing #: 937565
Broker Reference #: 4662

Email or Print Listing

Business Overview:

Premiere Sports Bar, Nightlife & Event Space for Sale! High Visibility Location. Sold $1.8Million in 2022 Description: The owners of this fantastic East Bay sports bar spared no expense. Located on a prime location, in one of the East Bay’s most populated cities, this stunning large open space is roughly 4500sf and boasts high ceilings, beautiful wood beam work, a large bar with custom detailing, a specialty service bar for handling large events and table orders, a 12 Handle glycol beer tap system at both bars, games and entertainment, and screens everywhere. The seller's have beautifully maintained the space over the years and recently made a number of improvements in 2023. The owners also invested heavily in the state of the art AV system, which can be purchased at an additional cost. The included equipment is extensive, and includes everything in the 500sf full service kitchen equipped with a 16' type 1 hood, as well as fully equipped bars, a satellite bar, 4 fryers, griddle, grill, oven, two 10x8' Walk-ins and so much more. A full equipment list can be provided upon request. The space has a capacity of ~250, but can swell to nearly double that for major events.

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Property Features and Assets:

Facilities:

Square Feet: 4,549  

Seating: Contact For Info 

Parking: Easy Street and Garage Parking 

Licenses: Type 47 Liquor License, Health & Business 

Days/Hours of Operation:  Early until Late daily

Market Competition and Expansion:

Financial Information:

Monthly Revenue: $130,148 

Monthly Cash Flow: Contact For Info

 Annual Revenue: $1,561,776 

Annual Cash Flow: Contact For Info

 

General Info:

Ownership:  LLC

Established: 2018

Current Owner: 2018  

Employees:  Contact For Info

Reason For Sale: Other Interests

Monthly Rent: $11,736 

Expiration: 09/30/2028  plus  2 Five Year Options

Reason for Selling:

Other Interests

Additional Details:

  • The property is Leased.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

Documents:

Relevant Links:

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