Restaurant & Sports Bar w/Dance & Entertainment

Riverside, CA
Riverside County


Asking Price: Annual Revenue:
$1,600,000 $4,357,217

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Restaurant & Sports Bar w/Dance & Entertainment Broker: Ryan Clark

Quick Facts

Asking Price: $1,600,000
Annual Revenue: $4,357,217
Net Profit: $188,404
Cash Flow: $498,211
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1996
Employees: Not Disclosed
BBN Listing #: 72244929
Broker Reference #: OpenPS

Email or Print Listing

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Business Overview:

This greater Riverside County area customer embraced bar, restaurant and nightlife venue with live entertainment boasts a proven, highly profitable concept that has provided its owner operator remarkable returns not only for years but for the past 25 years! The location is tracking to generate a remarkable $4.5 ml in top-line 2022 revenues. The 7,0000 square foot venue enjoys all of the favorable attributes that a buyer can ask for - stellar street visibility, convenient access, available parking and finally, a highly unique property that can be purchased in addition to the business sale!

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Property Features and Assets:

All of the business’s furniture, fixtures, equipment, goodwill and Type 47, 48 & 68 (portable bar) Licenses will be included. An estimated $50,000 - $70,000 in inventory will be sold at cost at close in addition to purchase price. The property is being offered for sale separately for $5.5 ml. The business will not be sold without the property.

Market Competition and Expansion:

While competition exists, this 25+ year old business has become an institution, and has cemented itself as the ‘go to’ dining, nightlife and entertainment venue in the area with a well-established loyal following comprised of locals and visitors alike. The business is known for its remarkably unique layout, convivial atmosphere, and evolved client base that embraces the diversity of all of its patrons. New operators will do well to embrace the concept’s historic success, stellar location and remarkable bar and entertainment entitlements, while using the well-established venue as a platform from with to further maximize profitability as they see fit.

Reason for Selling:

Personal

Additional Details:

  • The property is owned.
  • 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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