* Included in Asking Price
Profit $105,000 On $800,000 Sales For Sports Bar & Restaurant Near Modesto With Hard Liquor License
Asking Price: $195,000
Location: San Joaquin County, San Joaquin County, California
Yearly Revenue: $792,000
Yearly Cash Flow: $105,000
Monthly Rent: 4444.42 Inclusive
Price reduced to $195,000 for this 3,670 sq ft modern Sports bar and Restaurant located near Manteca. There is a 1,500 sq ft bar with 16 craft beer''s on tap. Full hard liquor ABC Type 47 license included and seating for 50 with a pool table, juke box, electronic dart boards, multiple TV''s and a high 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 greater appeal and ease of maintenance. Included is a modern POS system which connects throughout the bar and restaurant to the ultra clean fully loaded kitchen. 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 cooler, plus 3 upright double and 1 triple door refrigerators and freezers, 3 refrigerated worktops and ample s/s worktop with slicer, multiple shelves, sinks and dishwasher. A separate office just off the kitchen is complete 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. Annually that''s 52 days of missed income that wouldn''t take much effort to increase sales up to the $1 million mark and with rent at around $1 per sq ft, the profits would only increase. This opportunity is for sale for $195,000 and the seller may carry a portion of the sale to experienced, well qualified buyers with good credit. Please complete the ‘Non Disclosure Agreement’ on our site and we will send you the name and address with the financial information, lease & the full list of equipment included with the purchase. We’ll also send you the Broker''s contact information so you can discuss this opportunity 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: $792,000 | Yearly Cash Flow: $105,000 |
Monthly Rent: 4444.42 Inclusive | Lease Expiration: 2024 | Lease Option: Two 5 year Options | Security Deposit: 4800 |
Seller Reference #2885
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