Stockton Restaurants For Sale
Club w/Type 48 - Large Capacity 500+ in Heart of Entertainment District
This bar has operated since 2004 so it isn't a fly-by-night operation.
Now you can buy low and sell high or you can wait for the economy to turn-a-round and buy high and sell low, your choice of course! If you're an experienced club or bar owner you've got to look at this deal because the economy will turn and this could be worth far more than its current asking price.
There is 9,500 Sq. Ft. - on one level -with a capacity of 350+. This place is designed to do volume! There is a large outside patio with seating for 50 and a large office space upstairs over looking the club. And there is plenty of street and city parking available.
The club has two distinct areas. One side for the music and the other for the conversation and games. The games are pool and shuffleboard.
There is a possiblity of an SBA loan for this business. There are solid tax returns with strong financial results. A new lease will be given to the buyer with rent in the $8,000 a month range.
Broker of Record Rob Tade DRE License #01339409
Lease
Financials
Operations
Facilities
Highlights
- Entertainment District Club
- Open 3 days a week
- Large Outside Patio
- 9,500 Sq. Ft.
- Solid Financial History with Good Tax Returns
- SBA Financing is Very Possible with 30% Down
- New Lease Given To Solid Buyer
- Buyer Must Have Experience in Restaurant/Bar Business
- Great Location, Location, Location
Financing
Demographics
| Population | 1-mi. | 3-mi. | 5-mi |
|---|---|---|---|
| 2014 Total Population | 74,701 | 134,532 | 198,552 |
| Households | 1-mi. | 3-mi. | 5-mi |
| 2010 Number Of Households | 21,189 | 42,128 | 65,523 |
| 2010 Persons Per Household | 3.34 | 3.05 | 2.92 |
| Median House Value | $114,288 | $154,603 | $155,940 |
| Income Per Household | $33,526 | $44,224 | $43,207 |
| Businesses | 1-mi. | 3-mi. | 5-mi |
| 2009 Number Of Businesses | 1,529 | 2,260 | 3,643 |
| 2012 Number Of Employees | 43,624 | 60,550 | 105,484 |
| 2012 Total Annual Payroll | $901,640,000 | $1,252,563,000 | $2,105,237,000 |
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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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