Dive Bar - Type 48 ABC & Entertainment Permit. Short Hours

Asking Price$365,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$216,000

Inventory$6,000
Not included in asking price
FF&ENot Disclosed

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Dive Bar - Type 48 ABC & Entertainment Permit. Short Hours


Asking Price$365,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$216,000

Inventory$6,000
Not included in asking price
FF&ENot Disclosed

Business Description
Well known, established dive bar in North OC. no restrictions on the Type 48 ABC, entertainment permit (not allowed to charge a cover charge), large dance floor / dart area or ? . This used to be huge dart league bar, but now the place is only open day shifts every day, and only 1 or sometimes 2 shifts at night. Totally underutilized entitlements at this spot make the potential great for a more hands on owner operator. Seller does not do the live entertainment or darts. The juke box & 2 pool tables get use. Juke & games have no contract. ATM belongs to seller. This is the epitome of a DIVE BAR. Needs some TLC, but is a big open space that is easy to run & oversee. Has Lotto scratchers vending machine, hot spot & Lottery. Apx. 40 - 50% of the floor is not utilized to generate income. Front & back lot parking, this true dive bar is waiting for someone to take advantage of all the possibilities that abound. Surrounded by businesses & residential on a major street, with a lot of foot & drive by traffic . No restrictions on the license, you can open 6 AM - 2 AM if you want.
Be discreet, do not talk to management, employees or customers about this being for sale. Thank you for your professionalism.
About the Business
Years in Operation
11
Employees
5
Facilities & Assets
Cocktail Bar, no food, well known, long bar, 2 pool tables. Juke box & videos no contract. Has an entertainment permit, not being utilized, large dance floor area can also be used for dart leagues or?
Market Outlook / Competition
Difficult to find type type 48 bar, no food, sells lotto & lottery.
Opportunities for Growth
This location is only open 8 to 9 shifts per week. everyday & 1 or 2 nights a week allowing for substantial increase in sales. NOt utilizing the entertainment permit either.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,750
Rent
$6,681.00 per month
Lease Expiration
2/1/2027
About the Sale
Seller Motivation
Seller has a full time day job in an unrelated industry and doesnt have time for
Transition Support
As needed at close of escrow
Financing Options
submit offers
Listing Info
ID
2399878
Listing Views
1602
Attached DocumentsAttachment Disclaimer

UBI_Overview_3377_Cocktail_Bar_w_entertainment.pdf


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Business Listed by: Suzie Sales UBI Business Brokers

Listing ID: 2399878 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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