||Employees||1 full, 3 part
* Included in Asking Price
The well-located Lounge was opened in 1975 and it was originally known to the Air Force Base personnel as the "Watering Hole." It is located in the Goldberg Shopping Center, in the North East part of the City of Fairfield in Central Solano County. The lounge has plenty of entertainment options, including shuffleboard, 8 dartboards and 3 pool tables. Pool and dart leagues play weekly tournaments.
The Real Estate is available for an additional $350,000. It is composed of two legally, separate, contiguous sites. Both sites measure a total of 5,949 sq. ft. The property is at a fantastic, high-traffic location across the street from the main gate to Travis Air Force Base.
The economy of Fairfield historically has been heavily dependent upon Travis, which is expected to continue to be an important military installation. Many large companies have moved into Solano County during the past several years, including Genentech, Valero Refinery and Meyer Cookware to name a few.
The city of Fairfield, and Solano County in general, has experienced steady population and economic growth during the past several years, and this is expected to continue in virtually all sectors of the economy. The strategic location between San Francisco and Sacramento, extensive transportation networks, readily available and value-priced properties, and proximity to Northern California's attractions, make this a prime location for commerce.
Required Licenses: Liquor, Health
Real Estate Number: 01731143
|Competition:||There are two other bars situated in the shopping center. Neither has the longevity, reputation or operating hours this lounge offer|
|Growth Potential:||There is the opportunity to create a themed bar/lounge experience (e.g. Sports Bar). The introduction of live entertainment and/or dining might be worth trying. Effective use of social media marketing would be very beneficial for a new owner. The property has plenty of parking to accommodate growth.|
|Training/Support:||Seller will negotiate a transition period|
|Seller Financing:||Seller will consider some financing for a qualified buyer|
Seller Reference #OAKLACA001-N197
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.