CHICO, California
| Asking Price |
$300,000 |
Year Established |
15 |
|
| Annual Revenue |
$0 |
Reason for Selling |
Other Interests |
|
| Annual P/L |
$0 |
Attention |
Andy Mirabell |
|
| Annual Cash Flow |
$0 |
Listing Number |
999526 |
|
| # of Employees |
12 |
Business Category |
Food & Beverage: Bars, Clubs, Nightspots |
|
Business Overview:
Chico's Popular and Established PARK AVENUE PUB is For Sale. Remodeled Patio & Storefront + More Recent Upgrades! Includes Liquor License
RRC#: 5129
Asking Price: Offered At $300,000
Location: Chico Annual Revenue: Contact For Info
Annual Cash Flow:
Monthly Rent: $5,000 (suggested) Listing Description:
This is a great opportunity for an Owner Operator to purchase an upgraded and established bar in Chico, California. The Park Avenue Pub is a locals destination. The owner invested heavily in the business in 2020-2021 by adding a freshly designed and constructed front patio and building facade, adding massive curb appeal. The visibility along this high traffic corridor was vastly improved, and draws business. Other investments to the interior and equipment have also been made. More recently the owner has added a Patio Service Bar and a cement bar top for more outdoor guest seating. A new HVAC unit was installed in 2025 and much more! More than $300,000 was invested into these upgrades.
The new patio also has gas heaters and swamp coolers for those hot Summer months. There is also two large HD TVs outside and patio speaker system that is separate from the bar area which is great for sporting events or private event use. The front and back patios are a gas-lined, in-ground, for fire pits and permanent gas heating system.
The bar has a great food program and holds a great reputation amongst locals. Guests visit for the food and drinks, but also come for sporting events and special occasions. The patio is over 1500sf with covered and uncovered enclosed seating, It seats over 40 and can host outdoor events for up to 150.
The interior classic bar has an Antique back bar that was converted from an 1890’s pharmaceutical cabinet. There is also 16 beer tap system.
The functional and compact kitchen has a Type-1 Hood and has upgraded and new equipment within. The new or less than two years old equipment includes a 9’x10′ Walk-In Fridge, Freezer Unit, Sandwich Prep Cooler, Flat Top Griddle with Refrigerated Drawers, Under Counter Fridge, Commercial Dishwasher and even a Tankless Water Heater. There are two upgraded bathrooms. There is Room for 45 inside at the bar and surrounding tables. The property has a separate back building that is used for extra storage and work space, which also includes a large amount of equipment and refrigeration.
A new hands-on owner can really grow profits within this business, but rest assured that the GM and team in place want to stay and know how to run this business for the current Absentee owner. There is the ability to expand hours and days of operation is possible, and the bar is currently open for lunch, dinner and bar service six days a week.
This opportunity is perfect for an owner operator to create new and improved revenue and profits. There is a great team in place currently and training for a new owner is available. The current team has promotions, events and operations down pat. Don’t miss out on this opportunity.
Check out Listing Number #5130 to learn more about including the property in this purchase with the business.
Andy@restaurantrealty.com
General Information:
Organization: Contact For Info
Established: 2010
Current Owner: 2023
Employees: 12
Reason For Sale: Other Interests
Monthly Revenue: Contact For Info
Monthly Cash Flow: Contact For Info
Annual Revenue: Contact For Info
Monthly Revenue: Contact For Info
Monthly Cash Flow: Contact For Info
Property Features and Assets:
Market Competition and Expansion:
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity