Fresh Price - Same Prime Location! Iconic Bar/RE by the Beach for Sale

Asking Price$3,250,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$600,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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Fresh Price - Same Prime Location! Iconic Bar/RE by the Beach for Sale


Asking Price$3,250,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$600,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
THE BAR & THE PROPERTY
TURCS is renowned for its welcoming wait staff, generous pours, and friendly owner. Established in 1955, this iconic bar is famous for its beachside décor, featuring a Tiki and bamboo vibe. With a full bar, two indoor firepits, two pool tables, TVs throughout, a touch tunes jukebox, and a giant Jenga game, TURCS offers endless entertainment and fun.
The property is a mixed-use gem located in a prime Sunset Beach location, on a 6,077 SF lot at the corner of Pacific Coast Highway and Anderson. The 2,496 SF ivy-covered, two-story building houses the legendary TURCS Cocktails, once a favorite spot of John Wayne and his close friends. The building features a 1,900 SF first-floor bar area, a 271 SF outdoor patio, and a 596 SF “studio style” apartment upstairs with one bedroom and one bath. Additionally, there is a 271 SF enclosed patio that leads into the bar. The upstairs apartment is a surfer’s dream, offering a peek-a-boo ocean view from the kitchen and a large outdoor deck with a corner ocean view, perfect for summer barbeques and sunset cocktail parties

THE ACQUISITION
The $3,250,000 purchase price includes the land, building, business, goodwill, FF&E, a fully transferable Entertainment License, and the highly coveted Type 48 Liquor License. Inventory is not included in the purchase but can be negotiated separately. The property boasts its own parking lot, a rarity in Sunset Beach, offering approximately 11 parking spaces, including one ADA-compliant space.
The Type 48 Liquor License is one of the most sought-after licenses due to its rarity and the privileges it grants. This license permits the sale of hard alcohol, beer, and wine until 2:00 am without the requirement to serve food. Additionally, the Type 48 License allows for the on-premises consumption of liquor, beer, and wine, as well as the off-premises consumption of beer and wine. This license significantly enhances the value and appeal of the establishment. The transferable Entertainment Licensed, grandfathered in allows the new owner* to play music day and night, 7 days a week.

Land 6,077 sf
Total Building 2,496 SF
Bar - 1st Floor 1,900 SF
Residential - 596 SF (1 bed / 1 bath with ocean view patio)
Patio - 271 SF
Zoned - Sunset Beach Tourist district
About the Business
Facilities & Assets
Building & Land
Furniture and Fixtures
Type 48 Liquor License
Fully transferable Entertainment License
Inventory excluding alcohol
Website
https://www.cbcblair.com/
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
2,496
About the Sale
Seller Motivation
Owner retiring.
Financing Options
NO Seller carryback
Listing Info
ID
2294980
Listing Views
2455

Contact Seller

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Business Listed by: Kathie Sitton Coldwell Banker Commercial Blair

Listing ID: 2294980 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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