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Listing #3559

Details on this Type 48 Bar, Central San Diego Location, Low Rent

Price: $249,000











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Looking for a local favorite “dive” bar? Get ready to start swimming, in cash that is. Here is a great opportunity to buy this popular neighborhood bar.

Location has a type 48 license so it’s all high margin sales here.

Current owner purchased the location in 2003 and has set this place up very nicely to cater to the thirsty, fun loving crowds. It is all set to continue the success they are now enjoying with a California beach bar theme throughout. The pop out window fronting a very busy street adds to the comfortable feel, is a nice draw and works as free advertising.

The bar has all the usual items you would expect, pool table, darts, juke box, nightly specials and the ever popular Karaoke. It’s your stereo typical good times bar.

Gross monthly sales are in the 15-20k range with a solid percentage of that making it to the bottom line each month.   

The bar is approximately 1000 square feet inside with another 200 square feet outside. Rent is at 2535/month and landlord is ready and willing to negotiate terms on a new lease.

Effective net for rent is currently $1935/month as there is a studio apartment right behind the location with a tenant that pays $600 per month to the seller. It's going to be hard to beat rent of less than 2k for a place like this.

If you have always wanted to own and operate a bar, now is the time to make it happen.

Stone Path Brokerage Services, Inc. Listing    



               


General Information Highlights
Listing Status: Expired
Price: $249,000
Location: San Diego Metro
Lease Information: New Lease available
Monthly Rent: $2,535
Liquor License: 48
Indoor Seating: 49
# of Part-Time Employees: 1
# of Full-Time Employees: 2
Hours Open: 2pm-2am Mon-Thurs 12pm-2am Fri-Sun
Year Established: 2003
Inside Sq. Ft.: 1000
Outside Sq. Ft.: 200
Hood System: No
General Information Highlights
  • central San Diego Location
  • 48 License
  • Popular hang out
  • fun atmosphere
  • great bartenders
  • good sales/high margins
  • located on busy street
  • easy access
  • studio apartment included in rent
  • studio currently sublet for 600/month
 
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Notice: The User (that's you reading this) of this Website understands that Paramount Restaurant Brokers, Inc. ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it.  In some cases, foreward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business.  Owning a business is a risky venture, but can also be a rewarding one.  The User of this website is solely responsible to examine and investigate the Business and or real estate, its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. Any decision by User to purchase the Business shall be based solely on User's own investigation and that of User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User.



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