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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
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| Listing Status: |
Expired |
| Price: |
$249,000 |
| Location: |
San Diego Metro
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| 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 |
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- 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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