This bar and club, with tax return revenues approaching $1 million and located near a major university, is a local favorite with nightly crowds enjoying great food as well as the live entertainment four times a week. This bar packs them in every night! The bar has an entertainment center featuring pool tables and video games to add to the revenue streams. There is plenty of parking to hold that crowd too. The kitchen equipped with a hood, grill, deep fryer and refrigerator. The rent is only a $1.65 per sq/ft plus NNN with 4.5 years remaining on the lease plus a 5 year option. Seller wants to change venues and is planning to relocate away from the area. Don�t miss this great opportunity to own a popular bar in a large college town.
This is a Stone Path Brokerage Services, Inc. DBA Selling Restaurants San Diego listing.
Broker of Record Rob Tade DRE License #01339409
Lease
Region:
Sacramento Restaurant For Sale
Lease Term:
4.5yrs+5yrs Option.
Total Monthly Rent:
$10,200
Financials
Last Year's Annual Gross:
$966,478
Last Year's Owner's Cash Flow:
$317,000
Operations
# of Full-Time Employees:
4
# of Part-Time Employees:
2
Hours Open:
10:30am to 12am
Highlights
- Hard to Find a Bar and Grill for Sales in Major University Area
- Crowded Bar and Grill Has Patio and Plenty Parking.
- Pool Tables and Video games.
- Full Kitchen with a Hood, Grill, deep Fryer and Refrigerator.
- Great Low Monthly Rent at $1.65 Per Sq/Ft + NNN
- 4.5 Years Remain on Lease + 5 Year option.
- Seller wants to move out of area.
- Type 47 Liquor License (Hard Liquor)
- This is a rare sale of a bar/grill in a University Town
- Tax Returns available.
Financing
Will Seller Lend To Buyer:
No
Demographics
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5-mi |
2014 Total Population |
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Households |
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2010 Number Of Households |
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Income Per Household |
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Businesses |
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2009 Number Of Businesses |
0 |
2012 Number Of Employees |
0 |
2012 Total Annual Payroll |
$0 |
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.