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#5983
San Diego Restaurants For Sale

Rare 21+ Bar - 48 license - Great Neighborhood

$299,999
In Escrow
Rare 21+ Bar - 48 license -  Great Neighborhood



ADD TO FAVORITE

Here is the quintessential neighborhood sports bar that has been in business for over 50 years!

Now that is some serious goodwill that has been built up. 

Owned by a contractor and it shows. This bar is in pristine condition.

You will be impressed as soon as you open the door. Great vibes and outstanding bartenders make you feel right at home in this bar.

Super clean and extremely well maintained. This bar is the happening spot in East County most weekend nights.

Absentee owner run and they did 322k in 2019

2020 was hampered by government restrictions but they still did over 150k.

2021 they are back to regular hours since June and sales are booming.

Averaging over 30k per month the last four months and are on pace to do record sales this year.

Super fun atmosphere supported by locals and regulars who love this place.

Pool tables, bar games, music and a super fun sports/ entertainment theme all contribute to the high volume they are already doing.

New lines, new wells, reach in coolers, owned ice machine, lockable liquor storage, this bar is ready for high volume.

With an owner operator in place operations could be tightened up and a social marketing plan implemented  and this becomes a gold mine.

They have a large back patio area with a brand new awning cover. Patio adds lots of additional room  and even more great atmosphere.

Patio is conditionally approved until the end of 2022 with plans to get a permanent permit from the city in the works.

Rent is only 3774/month and lease expires 8/2023 with five a year option in place already. The landlord is a big fan of the space and more options could be added.

Plenty of parking with very easy access to one of the busiest streets in the area.

If you have been looking for a great opportunity to own a successful and long established bar with huge potential this is it.

Come by today to see for your self how nice this bar is and if it’s the place you have been dreaming of owning.

This is a Stone Path Brokerage Services, Inc. DBA Selling Restaurants San Diego listing.
Broker Rob Tade DRE License #01339409

Lease

Region:
San Diego Restaurants For Sale
Lease Term:
Expires 8/2023 W/5 year option
Total Monthly Rent:
$3,774

Operations

Liquor License:
48
# of Full-Time Employees:
2
# of Part-Time Employees:
8
Hours Open:
Daily closes at 2:00
Year Established:
1971

Facilities

Indoor Seating:
50
Outdoor Seating:
20
# of Parking Spots:
100
Inside Sq. Ft.:
1,750
Outside Sq. Ft.:
800

Highlights

  • long established neighborhood bar
  • 48 license
  • super clean and well maintained
  • pool tables
  • lots of tv's
  • great bartenders
  • large back patio
  • big potential

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No

Demographics

Population 3-mi. 5-mi
2014 Total Population 65,130 149,420
Households 3-mi. 5-mi
2010 Number Of Households 22,649 52,575
2010 Persons Per Household 2.82 2.80
Median House Value $299,000 $341,305
Income Per Household $49,521 $60,138
Businesses 3-mi. 5-mi
2009 Number Of Businesses 1,104 2,384
2012 Number Of Employees 21,784 55,322
2012 Total Annual Payroll $319,604,000 $900,099,000

click for more demographic info

Disclaimer

Notice: The User (that's you reading this) of this Website understands that STONE PATH BROKERAGE SERVICES CORPORATION ("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. DRE License # 01339409.

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