Bar with Full Liquor(ABC-Type 48) license - High Net - Low Rent

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Bar with Full Liquor(ABC-Type 48) license - Very Low Rent - Low Overheads - High
Asking Price:
$350,000

Gross Revenue:
$435,653
Cash Flow:
$102,186
EBITDA:
$102,186
Inventory:
$10,000
not included in asking price

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

This business presents an acquisition opportunity to own an well-established, simi-absentee owned bar with full liquor(ABC-Type 48) license.

This business establishment with seating capacity of about fifty(50) attracts patrons for a quick round of drinks at lunch to a fun filled night out with friends and family.

Upon arrival, this establishment pampers its guests with a selection of draft beers on tap, a full bar, music, multiple flat screen televisions, pool tables, providing an enjoyable entertainment atmosphere.

Additionally, current ownership dedicates almost no time and resources for advertisement and promotion of this business and most of its clientele is established repeat or referral, therefore, upside potential, additional revenues and resulting higher bottom line may be realized by actively engaging in advertisement campaigns and utilizing social media.

Located on a busy intersection ensures steady volume of traffic. Growth in surrounding area may result in higher traffic and added future potential.

Seller has offered this business for sale after over forty-one(41) years of ownership at retirement age.

Very low rent, low overheads, clean books and records, simi-absentee ownership, busy street location along with opportunity for expansion and growth presents a great acquisition opportunity.

About the Business

Location:
San Bernardino County, California
Number of Employees:
5
Facilities:
Rancho Cucamonga Area
Inland Empire, Southern California Location
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About the Sale

Reason For Selling:
Retirement after forty(40) years of ownership.
Training/Support:
Provided as part and parcel of acquisition.

Listing Info

ID:
1639614
Ad Detail Views:
0

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Business Listed by

Mani Singh, CBB.

TNW Business Brokers
License# 01397200

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Certifications:
U.S. Census Data for San Bernardino County, CA
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for San Bernardino County, CA
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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