High Volume Dive Bar with entertainment permit N.OC

Asking Price$450,000

Cash Flow
$150,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$870,000

Inventory$15,000
Not included in asking price
FF&E$150,000
Included in asking price
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High Volume Dive Bar with entertainment permit N.OC


Asking Price$450,000

Cash Flow
$150,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$870,000

Inventory$15,000
Not included in asking price
FF&E$150,000
Included in asking price
Business Description
This is an established, high-volume 47-bar and Grill. It is known as the community hotspot, attracting a steady crowd of locals during karaoke nights and football games. The bar has an entertainment permit that’s currently underused, offering a great opportunity to expand events and boost traffic. The location is ideal for shows or events, as it is close to the freeway and provides ample parking. A great bar with significant potential, perfect for a buyer to step in and elevate it to the next level.
About the Business
Years in Operation
75
Employees
7 (7 Part-time)
Facilities & Assets
Perfect setup for high volume. Two bars and ample room for dancing and lounging. Kitchen with storage. Remolded 5 years ago during covid. 20 beers on tap.
Market Outlook / Competition
All the competition is over 2 miles away, and none of them have live entertainment (Karaoke , etc.)
Opportunities for Growth
This business is already successful and proven, with plenty of room for growth. A hands-on owner also has the opportunity to immediately increase profits by actively managing operations, improving efficiency, and reducing expenses that come with absentee ownership. Usually starting with staffing.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
3,600
Rent
$8,300.00 per month
Lease Expiration
11/21/2035
About the Sale
Seller Motivation
Partners want to fucus on other businesses
Transition Support
Included in the sale.
Listing Info
ID
2440229
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Business Listed by: Andre Gulmesoff California Business Ventures

Listing ID: 2440229 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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