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#3589
Los Angeles South Bay - Long Beach

Beach Front Sports Bar Has Location and Game + Hard Liquor

$249,000
Sold
Beach Front Sports Bar Has Location and Game + Hard Liquor
This Listing is Sold

A Sports Bar Dream. 20 Handles of Craft Beer with Water Front seating.

Water Front-yachts and the ocean. You add the beer and high end food!

If you want loaction, prestige and the most beautiful sunsets ever, you gotta see this South Bay Sports Bar- Gsstro Pub.

Locate don the water-Watch the yachts roll in to berth each day while sipping one of 20 premium craft beers.

With this Bar you get the use of the upstairs Yacht Club for hosted events. This HUGE UPSIDE will be a money maker for the smart operator.

The owners want to sell due to partnership issues which leave plenty of room for an experiences sports bar operator.

You won't regret the views each day as you open the doors to the scent of salt water. The boardwalk is your neighbor as locals and tourists clamor for the excitement of a local pub.

This season is huge with the Long Beach Grand Prix. Do not miss out on this golden opportunity.

Paramount Restaurant Brokers, inc. Listing

This is a Business Intermediaries, Inc. listing.
Broker Chuck Machado DRE License #01899280

Lease

Region:
Los Angeles South Bay - Long Beach
Total Monthly Rent:
$10,000

Financials

Last Year's Annual Gross:
$826,000
Last Year's Food Cost %:
42
Last Year's Payroll Cost %:
29

Operations

Liquor License:
47
# of Full-Time Employees:
8
# of Part-Time Employees:
3
Year Established:
2010
Hood System Type 1:
Yes

Facilities

Indoor Seating:
90
Outdoor Seating:
50
# of Parking Spots:
50
Inside Sq. Ft.:
2500
Outside Sq. Ft.:
800

Highlights

  • Water Front Sports Bar For Sale
  • Gastro Pub w 20 Handles
  • Sip Craft Beer Watch The Boats
  • Popular venue For Locals & Tourists
  • Awesome Location Sports Bar
  • On The Boardwalk Own This Sports Bar
  • Gastro Pub Dining on The Water
  • Host Events in Private Yacht Club
  • Perfect Events Venue With Full Liquor
  • Sunsets Boats and Craft Beer

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 43,286 106,510 409,561
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 19,853 36,280 139,012
2010 Persons Per Household 1.93 2.64 2.78
Median House Value $274,300 $284,200 $400,122
Income Per Household $43,404 $37,937 $48,453
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,164 1,965 7,289
2012 Number Of Employees 72,118 95,690 264,970
2012 Total Annual Payroll $2,278,922,000 $2,821,488,000 $4,294,967,295

click for more demographic info

Disclaimer

DISCLAIMER: The User (that's you reading this) of this Website understands that Business Intermediaries, 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 addition to seeking professional advice from an attorney as well as a CPA.  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 (if included in the sale), 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. In most cases, the Broker represents the Seller who is our principal, but the Broker owes the User a duty of fair and honest dealings.  Any decision by User to purchase the Business shall be based solely on User's own investigation and the 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 and User should often review the listing on the website to keep up to date.

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