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#5061
Stockton Merced Modesto

Type 48 Bar/Club recently refreshed like new! LOW RENT!!!

$109,000
Sold
Type 48 Bar/Club recently refreshed like new! LOW RENT!!!
This Listing is Sold

You Want To Visit This Business? Then Select the Link to the Left "Want Name/Address."

Rare Type 48 Full Liquor Sports Bar & Club in Stanislaus County

Newer Sports Bar & Club Venue has plenty of Entertainment in place such as Pool, darts, and lots of TV's.

Newly Remodeled and Open as of 2015!

Paint onto the existing concept or draw your own concept...the canvass is yours.

Nice Bar and Comfortable Layout with lighting system plenty of elbow room for dancing and having fun in a safe and relaxed atmosphere!

Area:  Central Valley California

Large Walk in Cooler, POS system, Security system and more.

Lease: 4,518 sqf.  Current rent is only $3,000 per month  

Highlights and Upside:

  •  48 Full Liquor license, 77 Event & 58 Catering.
  • Great signage…Recent remodel 2015
  • Good parking.
  • Great potential for an Owner Operator to increase Sales and Profits!
  • Website & Facebook.
  • Currently DJ music...
  • Outdoor Covered Patio
  • Current owners spent over $100K in TI's and Remodeling 
  • Good Reviews too!
  • Sales well in Excess of $250K with lots of potential to increase. An owner operator would be profitable right away!

Seller has reduced hours temporarily.

Seller does not have experience in the Bar business and strongly believes an experienced operator could do really well here! 

Reason for selling: Personal and Family member with health issues

* Must show proof of ability to purchase for detailed information on this business.

This is a Paramount Restaurant Brokers, Inc. listing.
Restaurant Broker Scott Beaton DRE License #01853968

Lease

Region:
Stockton Merced Modesto
Lease Term:
Expires August 2017 & 1- 5 year option
Total Monthly Rent:
$3,000
Security Deposit:
$5,000

Financials

Last Year's Annual Gross:
$257,630

Operations

Liquor License:
48
# of Part-Time Employees:
6
# of Working Owners:
1
Hours Open:
Friday 12PM–2AM
Saturday 12AM–2AM
Sunday 12AM–2AM
Monday 2PM–2AM
Tuesday 12PM–2AM
Wednesday 12PM–2AM
Thursday 12PM–2AM
Year Established:
2015

Facilities

Indoor Seating:
130
Outdoor Seating:
20
# of Parking Spots:
60
Inside Sq. Ft.:
4518
Outside Sq. Ft.:
600

Highlights

  • Recently Remodeled
  • Great Parking
  • Good Reviews
  • Type 48 ABC Full Liquour
  • Nice Covered Patio
  • Priced to sell!

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 52,286 101,018 219,706
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 19,288 31,636 72,476
2010 Persons Per Household 2.60 3.04 2.89
Median House Value $149,500 $132,092 $163,362
Income Per Household $39,195 $36,211 $45,606
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,196 1,808 4,363
2012 Number Of Employees 39,098 58,482 133,248
2012 Total Annual Payroll $726,639,000 $1,069,351,000 $2,666,215,000

click for more demographic info

Disclaimer

DISCLAIMER: The User (that's you reading this) of this Website understands that Paramount Restaurant Brokers, 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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