Selling Restaurants presents this turnkey bar business located in a retail center near a military base where there are thousands of military personal to service. This 4,000 sq. ft. bar has 2 pool tables (profit share), juke box (profit share), lottery, dancing floor and stage for DJ.
There is even a kitchen with a hood system to cook short order meals to help boost sales and make people drink more! The kitchen has refrigerators and a sink. The rent is only $1,500 a month and the existing lease expires on August 2010 plus one option. The bar's capacity is 150 people.
Refocus your clientele to the younger residence or military and you'll do some big business.
Sellers are planning to retire after 9 years in the business. Selling price includes type 48 liquor license and dancing permit.
Please select one of the orange buttons below to get the name and address.
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 Francisco East Bay Restaurants For Sale
Lease Term:
Expires 08 25, 2010 + option to renew
Total Monthly Rent:
$1,500
Financials
Last Year's Food Cost %:
31.38
Last Year's Payroll Cost %:
17.84
Last Year's Rent %:
16.96
Operations
# of Part-Time Employees:
3
Hours Open:
Daily 12pm to 2am.
Highlights
- Established since 2000 with LOW, LOW RENT!
- Turn key bar business with affordable rent.
- Facility well maintained.
- Convenient parking and plenty of it.
- Plenty of Residence.
- Currently have 3 part time employees.
- Total occupied 4000sq/ft, the rent is $1500 (no CAM).
- The existing lease will expired on 08 25, 2010 Plus option renewal (negotiable).
- Currently have 3 part time employees.
- The bar has huge potential become young generation weekend handing out place in the area.
- Selling price included $15,000 liquor license 48.
Financing
Will Seller Lend To Buyer:
No
Demographics
Population |
3-mi. |
5-mi |
2014 Total Population |
4,645 |
77,293 |
Households |
3-mi. |
5-mi |
2010 Number Of Households |
826 |
23,446 |
2010 Persons Per Household |
3.49 |
3.01 |
Median House Value |
$0 |
$203,663 |
Income Per Household |
$50,970 |
$55,256 |
Businesses |
3-mi. |
5-mi |
2009 Number Of Businesses |
67 |
1,330 |
2012 Number Of Employees |
5,050 |
43,276 |
2012 Total Annual Payroll |
$103,411,000 |
$838,501,000 |
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.