Business For Sale

Santa Monica Family Run Profitable Upscale Pub/bar

Los Angeles, CA
Los Angeles County


Asking Price: Annual Revenue:
$750,000 $1,048,509

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Santa Monica Family Run Profitable Upscale Pub/bar Broker: Steve Zimmerman

Quick Facts

Asking Price: $750,000
Annual Revenue: $1,048,509
Net Profit: Not Disclosed
Cash Flow: $444,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 920211533
Broker Reference #: 3058

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Business Overview:

Bar with Type 48 license. Open 31 years. NO FOOD! Very nice Pub located in Upscale area. They have the best ion of Scotch, Whiskey, Wines, Vodkas and Beer in the area. Very Profitable business with easy friendly clientele! RRC#: 3058

GENERAL INFORMATION:
Organization: Corporation | Year Established: 1976 | Current Owner: 1987 | Employees: 3 | Seating: 90 | Square Footage: 1200 | Parking: 4 parking spaces for owner and easy street and city public lot | Licenses Required: type 48 liquor license | Days Open/Hours: MONDAY-Sunday 12:pm TILL 2am | Reason For Sale: Retirement.

FINANCIAL INFORMATION:
Yearly Revenues: $1,048,509 | Yearly Cash Flow: $444,000 | Payroll: $3,500.

LEASE INFORMATION:
Monthly Rent: $10,457 | Lease Expiration: 2022 | Lease Option: negotiable | Security Deposit: $9,800.

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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.

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