Business For Sale

Restaurant Bar with Full 47 Liquor License

Not Disclosed, CA
San Diego County

San Diego


Asking Price: Annual Revenue:
$290,000 $421,475

Food & Beverage: Bars, Clubs, Nightspots


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RE: Restaurant Bar with Full 47 Liquor License Broker: Steve Sharp

Quick Facts

Asking Price: $290,000
Annual Revenue: $421,475
Net Profit: Not Disclosed
Cash Flow: $119,741
Total Debt: Not Disclosed
FF&E: $40,000
Real Estate: Not Disclosed
Year Established: 1991
Employees: 6
BBN Listing #: 403423364
Broker Reference #: 106-15231

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Business Overview:

Restaurant Bar with ABC-47 liquor license included. The bar is currently run by the owner while subleasing out the restaurant part of the business. The bar offers Karaoke, Dancing, Live Latin Music and Sports with 7 TV screens. Restaurant and Bar seats over 200 customers. This long established business is located in the San Diego South Bay area with a loyal following of regular customers. A new owner could continue leasing the restaurant to the current restaurant operator while managing the bar. The bar Gross sales $421,475 and adjusted net profit of $119,741 from tax returns are without restaurant profits. Additional profit potential for someone with restaurant experience taking over the restaurant operation. Turn-Key Bar Operation. For additional information please contact Listing Agent Steve Sharp.

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Property Features and Assets:

This is a leased location of 5,000 square feet with a Total Rent of $12,257. Lease ends 02/2019 with a one 5 year lease option. Seller is active in the business with 6 PT employees. Hours of operation are 6 PM to 2 AM Wed-Sun. $40,000 in FF&E included in Asking Price. $45,000 made in Leasehold Improvements. Type 47 Liquor License transferred to buyer.

Reason for Selling:

Retirement

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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