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#921
San Bernardino Restaurants For Sale

Popular Karaoke Restaurant and Bar with Beer & Wine

$150,000
Popular Karaoke Restaurant and Bar with Beer & Wine
This Listing is Expired
Here is a very nice location for food, drinks, and karaoke. Tapping in on this popular pastime, they offer three areas for their customers to belt out those vocals. There is a center stage, plus two private rooms for parties, or rent by the hour. Specializing in pizzas and appetizers, and offering a large variety of beers and wines. This very nice end cap location has 3,900 sq. ft. of space, with a base rent of only $3,729. This restaurant has a huge growth potential.

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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 Bernardino Restaurants For Sale
Lease Term:
Expires Feb. 1, 2009 with 5 year option
Total Monthly Rent:
$3,729
Security Deposit:
$4,970

Financials

Last Year's Annual Gross:
$299,607

Operations

Liquor License:
41
# of Full-Time Employees:
2
# of Part-Time Employees:
2
# of Family Employees:
3
Hours Open:
Mon-Fri 4pm to 2am
Sat-Sun 5:30pm to 2am
Hood System Type 1:
Yes

Facilities

Indoor Seating:
139
Inside Sq. Ft.:
3,900
Outside Sq. Ft.:
250

Highlights

  • The Top Karaoke Bar In The Area!
  • Large Kitchen With Type II Hood System
  • End Cap Location With Great Visibility
  • Increase Hours To Include Lunch/Brunch
  • Electrical And Plumbing Ready For Buffet Line!
  • Private Karaoke Rooms For Parties or Rent By The Hour!
  • Dual Pizza Ovens Ready To Handle Any Volume
  • Corner Location With Approved Area For Patio
  • Price Includes Beer and Wine License
  • Keep This Concept, or Change To Your Own

Financing

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

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 59,860 94,708 161,758
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 16,209 28,395 46,758
2010 Persons Per Household 3.47 3.13 3.26
Median House Value $160,600 $205,083 $199,545
Income Per Household $41,198 $49,550 $52,483
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 718 1,210 2,485
2012 Number Of Employees 32,082 66,342 123,028
2012 Total Annual Payroll $677,206,000 $1,606,889,000 $2,769,179,000

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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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