Profitable & Well Located Westfair Lounge for sale

Bakersfield, CA
Kern County

Asking Price: Annual Revenue:
$399,000 Not Disclosed

Recreation: Gyms, Health & Fitness, Sports

Request More Information
Contact the Seller

RE: Profitable & Well Located Westfair Lounge for sale Broker: Carol Bennett
Owner Financing is Available!

Quick Facts

Asking Price: $399,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1964
Employees: 4
BBN Listing #: 963064601
Broker Reference #: BAKERCA001-47365

Email or Print Listing

Request More Information
Contact the Seller

Business Overview:

WESTFAIR LOUNGE, BAKERSFIELD, CA - SELLER FINANCING!! BAR, TYPE 47 Liquor License 2536 Wible Road, Bakersfield, CA 93304 This business is selling for $455,000 plus inventory.? The owner has made many upgrades and additions to this lucrative bar in upwards of $200,000.? Interested parties will complete a non-disclosure and buyer profile.? Very valuable 47 Liquor license goes with the business, there are 4 employees, and other than occasional visits, the Owner is absentee. Outside patio is a bonus too! 10 x 50 patio that has been approved through 2026 by the city.? It's used for BBQ's, Music, and various community events.? This business has excellent cashflow and the Seller will finance a portion of the sales price.? Call to set up an appointment! Call Carol's cell 661-369-1516. According to IBIS World it's a $25.1 bn industry and expected annual growth worldwide is 4.7% through 2026 because it reaches consumers, and their spending is expected to increase.? Although the 2020 pandemic showed a loss, this business has come back from that loss and is only showing more growth from month to month in 2022. Real Estate is also for Sale for $680,000 ($1.25/sq ft at 3,305 sq. ft., Cap Rate of 7.3) Ample parking along the street, & across street.? The additional space has 5 parking spaces.??Tenant pays $1,500/mo. without fail.?? You may drive by the building, at 2536 and 2530 Wible Road, Bakersfield, CA.? Please do not ask any questions of the employees.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Reason for Selling:


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.

Relevant Links:

Request More Information
Contact the Seller is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!