Long Established Sports Bar w 48 Lic

Not Disclosed, CA
Los Angeles County

Asking Price: Annual Revenue:
$275,000 $485,000

Food & Beverage: Bars, Clubs, Nightspots

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RE: Long Established Sports Bar w 48 Lic Broker: Joe Khoury
License #: 01233722

Quick Facts

Asking Price: $275,000
Annual Revenue: $485,000
Net Profit: Not Disclosed
Cash Flow: $136,800
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1981
Employees: 8
BBN Listing #: 67111219
Broker Reference #: LA04315

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Business Overview:

This is an established 48 license and Sports Bar, in the San Gabriel Valley. Owner moving and must sell! Profitable and operated by staff, semi absentee. No food, no kitchen. Just alcohol sales and profits. Hours 9 am to 2 am.
Several income sources with Pool tables, juke box, Lotto, Dart Teams, etc.
Approximately 3,000 square feet with low rent of only $4,300.
Possible 10 year lease with 5 year option for qualified Buyer.
Must sign NDA and have proof of funds to get details.

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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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