Pasadena Restaurants For Sale
San Bernardino Restaurants For Sale
Los Angeles Restaurants For Sale
Sports Bar with low rent and 48 Liquor License!
Popular, and Spacious Bar with very low rent for sale!
Price Just reduced by $100,000
Owner is motivated to sell!
How good can this rent possibly be?
The rent IS ONLY $1,750 for 3,200 sq/ft. There is no NNN/CAM.
The bar was established in 1977. The current owner purchased the bar around 7 years ago, and is now moving to Arkansas where he wants to retire after he sells the bar. The current owner has improved the clientele, and has good rapport with the local police and city officials. The bar is open 7 days a week, with very busy weekend crowds coming to see the bands. The owner is eager to sell so bring your best offer to the table.
Selling points:
- There are 2 stages for live entertainment, one inside, and the other outside on the patio. (sometimes they feature 2 bands the same night 1 inside and 1 outside)
- The bar has a 48 liquor license with high margins on his liquor sales.
- The sale also comes with a Tobacco License, Entertainment Permit, and he is a California Lottery Retailer.
- Owners stated income is $175,000+, but profit must be verified by the Buyer, SellingRestaurants has not verified this amount and Buyer must verify before closing the purchase. Please don't rely upon the Seller's statement.
- The customers can come into the bar and enjoy a game of pool on any of the 3 tables, or sit at the counter and play counter top video games.
Please go to www.sellingrestaurants.com to get the name and location as well as photos of this restaurant.
Broker of Record Rob Tade DRE License #01339409
Lease
San Bernardino Restaurants For Sale
Los Angeles Restaurants For Sale
Operations
Facilities
Highlights
- Profitable Sports bar
- Type 48 License
- Shoot Pool for your enjoyment
- Very Low RENT!!
- No NNN/CAM
- Live Music!
- Year Round Cashflow
- Great for Owner Operator
Financing
Demographics
| Population | 1-mi. | 3-mi. | 5-mi |
|---|---|---|---|
| 2014 Total Population | 73,639 | 105,419 | 242,383 |
| Households | 1-mi. | 3-mi. | 5-mi |
| 2010 Number Of Households | 17,708 | 25,593 | 63,773 |
| 2010 Persons Per Household | 4.01 | 3.97 | 3.63 |
| Median House Value | $255,600 | $257,140 | $318,804 |
| Income Per Household | $49,725 | $48,956 | $58,742 |
| Businesses | 1-mi. | 3-mi. | 5-mi |
| 2009 Number Of Businesses | 818 | 1,401 | 4,333 |
| 2012 Number Of Employees | 24,582 | 50,582 | 122,086 |
| 2012 Total Annual Payroll | $557,415,000 | $1,048,555,000 | $2,592,459,000 |
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.
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