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#618
San Bernardino Restaurant For Sale

Popular Sports Bar With Great Food!

$135,000
Sold
Popular Sports Bar With Great Food!
This Listing is Sold
This Awesome sports bar, which has been operating since 1989, draws crowds from all over the Inland Empire. Boasting the coldest selection of beer in town, and serving up great food this sports bar is a very popular spot. With 15 televisions, plus video/arcade games, and pool tables, this Bar is located in the heart of a very busy strip mall. There are 3,705 sq. ft. and inside seating for 180, and plenty of parking. Base rent is $1.08 a sq. ft.! Monthly Gross sales are averaging over $32,500. The lease has 4 years remaining, plus a five year option. This sports bar absentee operated. With just a little advertising, an owner's personal touch, one could seriously increase sales. Seller is divesting of all his restaurant/bar related businesses. Take the next step and complete the online confidentiality agreement and you�ll be provided with the restaurant name and address. Also you will given priority notification to new listings in the future, prior to the general public, giving you the best chance to �scoop in� the best opportunities. There are also more photos available to our registered buyers.This is a a Paramount Restaurant Brokers, Inc. listing.
Restaurant Broker Stuart Schlosser DRE License #01809021

Lease

Region:
San Bernardino Restaurant For Sale
Lease Term:
4 years with 5 year option
Total Monthly Rent:
$4,000
Security Deposit:
$2,799

Financials

Last Year's Annual Gross:
$390,564

Operations

Liquor License:
41
# of Full-Time Employees:
4
# of Part-Time Employees:
4
Year Established:
1989
Hood System Type 1:
Yes

Facilities

Indoor Seating:
180
Inside Sq. Ft.:
3705

Highlights

  • Type 41 liquor license (Beer & Wine)
  • Grossed over $390,000 in 2006!
  • Great atmosphere- covered with sports memorabilia
  • Loyal clientele already established
  • Pool Tables and Video games
  • Well equipped business including hood system
  • Center has easy parking and access
  • 3.705 Sq. Ft. with Monthly Base rent of $4,000.

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No
This Listing is Sold

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

click for more demographic info

Disclaimer

Notice: The User (that's you reading this) of this Website understands that Paramount Restaurant Brokers, Inc. ("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.

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