* Included in Asking Price
Annual Sales $800k - Profit $105k - Bar & Restaurant Located Central Valley & Hard Liquor License.
Asking Price: $225,000
Location: San Joaquin County, San Joaquin County, California
Yearly Revenue: $780,000
Yearly Cash Flow: $105,000
Monthly Rent: 4444.42 Inclusive
Price Reduced to $225,000 for this 3,670 sq ft modern Sports bar and Restaurant located near Manteca. There is a 1,500 sq ft bar with 16 draft beer''s on tap, an ABC Type 47 hard liquor license and seating for 50 with a pool table, juke box, electronic dart boards and a quality sound system. The separate dining room has seating for 60 with a combination of community & regular tables. Both areas are fully air conditioned with wall mounted flatscreen TV''s, bar memorabilia and a cement floor throughout for ease of maintenance. There is a modern POS system which connects throughout the bar and restaurant to the modern kitchen which is fully loaded. A 20 ft stainless steel type 1 hood with fire suppression system, 2 double deep fryers, 4ft flattop with oven, 6 burner stove with oven and 2 large pot stove burners. A walk-in, plus 3 upright double and triple door refrigerators and freezers, 3 refrigerated worktops and ample s/s worktop with slicer, multiple shelves, sinks and dishwasher all up to code and a fully tiled floor which completes this dream kitchen. A separate office just off the kitchen with computer, printer, fax machine and a 16 camera security system with ample filing cabinets. Current annual sales of $800,000 with profits of $105,000 and the business is currently closed on Monday''s. That''s 52 days of the year of missed income that wouldn''t take much effort to increase sales up to the $1million mark and with rent at around $1 per sq ft, the profits should only increase. This opportunity is for sale for $225,000. To receive full details of this opportunity please complete the ‘Confidential Information’ request at the top of this page and we’ll send you the name, address, financials & lease information. We will also send you the broker’s agent contact information so you can discuss in more detail.
Organization: Sole Proprietorship | Year Established: 2000 | Current Owner: 2006 | Employees: 12 | Seating: 95 | Square Footage: 3670 | Parking: 40+ | Licenses Required: Health, Business & ABC Type 47 License | Days Open/Hours: Tues - Thurs 11am - 11pm Fri & Sat 11am - 1am Sun 11am - 10pm - Monday CLOSED. | Reason For Sale: Other Interests |
Yearly Revenues: $780,000 | Yearly Cash Flow: $105,000 | Inventory: $10000 |
Monthly Rent: 4444.42 Inclusive | Lease Expiration: 2024 | Lease Option: Two 5 year Options | Security Deposit: 4800 |
Seller Reference #2463
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