Tavern on a busy street, corner location. Type 42

San Pedro, CA

Asking Price: Annual Revenue:
$395,000 $460,000

Food & Beverage: Bars, Clubs, Nightspots

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RE: Tavern on a busy street, corner location. Type 42 Broker: Andre

Quick Facts

Asking Price: $395,000
Annual Revenue: $460,000
Net Profit: $190,000
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 8
BBN Listing #: 452449686
Broker Reference #: 3121

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Business Overview:

Neat Clean beer bar ( & SOJU) on a very busy corner on the main street. Great visibility with lot & street parking in this high-density location close to the water & shipyards. Multiple TVs for sports & entertainment, as well as a great sound system. A favorite of locals ( lots of longshoremen) & visitors alike come for the cold beer, chill conversation & enticing bartenders. The name & concept is NOT INCLUDED IN THE SALE. Currently is closed down, but was still experiencing growth year over year. An experienced owner may be able to upgrade the license, with city & ABC approval, to a type 48 full liquor license.

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Reason for Selling:

Too far to travel.

Additional Details:

  • The property is leased.
  • 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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