NOT DISCLOSED, California
| Asking Price |
$385,000 |
Year Established |
1932 |
|
| Annual Revenue |
$1,000,000 |
Reason for Selling |
retirement |
|
| Annual P/L |
$100,000 |
Attention |
Neil Kaplan |
|
| Annual Cash Flow |
$100,000 |
Listing Number |
999204 |
|
| # of Employees |
15 |
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
For the first time in decades, this 93-year-old landmark cocktail bar and restaurant is available for acquisition. Known for its rich history, strong reputation, and loyal customer base, the business enjoys prime visibility in a highly trafficked area, making it an exceptional opportunity for an experienced operator or first-time buyer alike.
Currently, the bar operates with limited hours (closing at 8 PM daily). However, it already holds permits to operate until 2 AM, offering tremendous upside for a new owner to significantly increase revenue by simply extending hours of operation.
Free-standing building with strong curb appeal and ample dedicated parking — a rare advantage in this market.
Permitted outdoor patio allowing for expanded seating, al fresco dining, and beverage service.
Ability to host live entertainment (buyer to verify), further enhancing customer experience and driving additional traffic.
Large fixed bar featuring a 20-tap Blizzard draft beer system, designed for high-volume service and consistent product quality.
Long-standing community presence with decades of goodwill and a diverse customer demographic.
Listing 5647 NK
Property Features and Assets:
<p>Good size facility, room to add 3 pool tables</p><p><br>Has complete kitchen with hood and grill</p><p><br>This place can easily handle more volume, large fixed bar<br></p>
Market Competition and Expansion:
<p>An institution in the area</p><p><br>Significant upside with later hours, events and promotions</p><p><br>Limited competition with very few bars in the area<br></p>
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity