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#3559
San Diego Restaurants For Sale

Low Rent San Diego Bar for Sale! Type 48 License.

$199,999
Low Rent San Diego Bar for Sale! Type 48 License.
This Listing is Expired

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.

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

Lease

Region:
San Diego Restaurants For Sale
Lease Term:
New Lease available
Total Monthly Rent:
$2,535

Operations

Liquor License:
48
# of Full-Time Employees:
2
# of Part-Time Employees:
1
# of Family Employees:
1
Hours Open:
2pm-2am Mon-Thurs
12pm-2am Fri-Sun
Year Established:
2003

Facilities

Indoor Seating:
49
# of Parking Spots:
6
Inside Sq. Ft.:
1,000
Outside Sq. Ft.:
200

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

Financing

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

Demographics

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

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, forward 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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