Here is the ultimate neighborhood bar!
This is the one that everyone is looking for. It is a local favorite “dive” bar ready for you to take over.
Save plenty in credit card fees with this mostly cash operation. Opportunity for this type of bar does not come along very often, don't miss this great opportunity to cash in with the this popular neighborhood bar.
Location has a type 48 license so it’s all high margin sales here.
Central San Diego location.SDSU and Gaslamp are both about five miles away. It's in the middle of it all, customers are an easy draw.
Current owner purchased the location in 2003 and has set this place up very nicely to cater to the thirsty and 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 and is a great draw that also works as free advertising. "Hey that place looks fun, let stop in" you absolutely cannot beat that type of free advertising and it goes on every weekend.
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 directly to the bar owner. It's going to be hard to beat a rent of less than 2k for a place like this.
If you have always wanted to own and operate a bar In San Diego, now is the time to make it happen.
Population | 1-mi. | 3-mi. | 5-mi |
---|---|---|---|
2014 Total Population | 20,591 | 206,380 | 552,498 |
Households | 1-mi. | 3-mi. | 5-mi |
2010 Number Of Households | 10,463 | 92,054 | 221,743 |
2010 Persons Per Household | 1.78 | 2.12 | 2.36 |
Median House Value | $285,000 | $427,127 | $408,736 |
Income Per Household | $63,098 | $57,617 | $55,687 |
Businesses | 1-mi. | 3-mi. | 5-mi |
2009 Number Of Businesses | 2,344 | 8,951 | 18,657 |
2012 Number Of Employees | 99,518 | 396,824 | 679,476 |
2012 Total Annual Payroll | $2,099,126,000 | $4,294,967,295 | $4,294,967,295 |
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