* Included in Asking Price
Price Reduced! ''turn Key'' Bar & Restaurant In Central Valley With Abc Type 47 Hard Liquor License
Asking Price: $245,000
Location: San Joaquin County, San Joaquin County, California
Yearly Revenue: $780,000
Yearly Cash Flow: $105,000
Monthly Rent: 4444.42 Inclusive
The Price is reduced to $245,000 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 directly from a walk-in, an ABC type 47 hard liquor license with seating for 50 with a pool table, juke box, electronic dart boards and a great sound system. The 1,500 sq ft separate restaurant has seating for 60 with a combination of community & regular tables. Both areas are fully air conditioned with wall mounted flatscreen TV''s and fully ADA compliant bathrooms with a cement floor throughout for ease of maintenance. There is a POS system which connects throughout the bar and restaurant for ease of communication. The modern kitchen is fully loaded and ultra clean A 20 ft stainless steel type 1 hood with a brand new fire suppression system, 2 double deep fryers, 4 ft 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 chef''s dream kitchen! A separate office just off the kitchen with a computer, printer, fax machine and a 16 camera security system with ample filing cabinets. Current annual sales of $800,000 with profits over $100,000 and the business is currently closed on Monday''s. That''s 52 days of the year of missed income and MNF that wouldn''t take much effort to increase sales up to the $1million mark and with rent inc NNN at around $1 per sq ft the profits can only increase. This opportunity is for sale for $245,000. 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 |
Monthly Rent: 4444.42 Inclusive | Lease Expiration: 2024 | Lease Option: Two 5 year Options | Security Deposit: 4800 |
Seller Reference #2463
The information in this ad has been provided by the business seller or representative stated on this ad. BuyBusiness.com has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness. Please read our Terms of Service
before responding to any ad on our website.