Popular World Famous Turf Club w/Building

Asking Price$3,000,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Real Estate$2,450,000
Included in asking price
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Popular World Famous Turf Club w/Building


Asking Price$3,000,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Real Estate$2,450,000
Included in asking price
Business Description
THE local gathering place with a long history of fabulous, diverse, inclusive events. The ideal buyer would be one who will carry on the legacy of the historical World Famous Turf Club and take it to new heights and take full advantage of the incredible growth potential to highlight the highly improved, underutilized space. As the broker for the sale, I'd be lying if I didn't admit to considering buying this business and the building myself.

Please visit the venue during their regular business hours Mondays - Fridays 5:00 p.m.-1:00 a.m., Saturdays and Sundays 3:00 p.m.-1:00 a.m. The venue features a large seating area and paved deck that can accommodate parties, private events, meetings, and get-togethers for a wide variety of groups.

Kindly refrain from asking staff questions about the sale. The sellers are willing to sell the business separately with a market rent to be paid to them if they retain the real estate. Inquire about possible terms if you have a fully qualified buyer. Due to the high profile nature of this business, the sellers require a non-disclosure agreement and proof of financial viability before further information is disclosed.
About the Business
Years in Operation
66
Employees
12 (2 Full-time, 10 Part-time)
Facilities & Assets
Two parcels at 22519-22521 Main Street and 953 W. A Street, Type 48 California Liquor License. The real estate with additional rent-paying tenant and the occupied residential space of the property has one bedroom, living room with fireplace, solid wood built-in features, full bathroom, kitchen, laundry room, and the building has a partial basement. The parcel behind the business at 953 W. A Street holds the tiki bar, stage, DJ booth, foodservice area, chair lift, beautiful solid decking, storage and mature palm trees.
Website
https://www.worldfamousturfclub.com/
Market Outlook / Competition
Well-established community business with 40 years under current ownership. A safe, clean, trusted, inclusive gathering place. Prime location with 98 Walk Score. This commercial/residential mixed-use real estate is located in the vibrant and energetic Downtown Hayward with new streets, sidewalks, streetlights and traffic management infrastructure. Just a few blocks from BART, property is also surrounded by free public parking lots, ample free street parking, coffee stops, restaurants, City Hall, post office, public parks, new 21st-century library, etc.
Opportunities for Growth
Unlimited. The space is currently underutilized. Live music events, fundraisers, comedy nights, specialty deejay appearances, class reunion and birthday party events, etc.
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
3,936
About the Sale
Seller Motivation
Retirement
Transition Support
Negotiable. Long-time employee of nearly 20 years would like to stay as manager. Owners are local and willing to consider training a new owner under favorable contract terms.
Financing Options
Negotiable
Listing Info
ID
2441848
Listing Views
Business Location

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Business Listed by: Anna May

Listing ID: 2441848 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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