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#3494
San Bernardino Restaurant For Sale

Popular Neighborhood Sports Bar For Sale

$381,672
Sold
Popular Neighborhood Sports Bar For Sale
This Listing is Sold

What's better than a neighborhood Sports Bar that makes money?

This will not last and we expect several quick offers.

How about one doing more than a million dollars in sales?

You can own this popular sports bar and grill. Owner selling after building this business for 11 years. If you want to be an investor, the current owner will stay on and manage this exciting hangout.

SBA Financing Available for This Business!

Don't be surprised to see families in for dinner. Later couples glide to the dancefloor, swaying to their favorite songs.

On Tuesday Steak Specials, local law enforcement have lunchons here. Yes, this place is rocking and it can be yours.

Type 47 license in place.

Full Kitchen

Pool Tables, Juke Box, Big Screen Tv's

This place has it all but mostly it has a loyal following of customers who show up to eat and drink.

Serving over 400 steak dinners each week, this local hot spot is a gathering place for local politicians, City Counsel members and local law enforcement.

This is a Paramount Restaurant Brokers, Inc. Listing

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

Lease

Region:
San Bernardino Restaurant For Sale
Lease Term:
expires Nov 30, 2017
Total Monthly Rent:
$3,500
Security Deposit:
$3,000

Financials

Last Year's Annual Gross:
$1,298,179
Last Year's Owner's Cash Flow:
$144,450
Last Year's Food Cost %:
59%
Last Year's Payroll Cost %:
23%
Last Year's Rent %:
3%

Operations

Liquor License:
47
# of Full-Time Employees:
5
# of Part-Time Employees:
18
Hours Open:
7:30 AM - 2 AM
7 Days
Year Established:
1999
Hood System Type 1:
Yes

Facilities

Indoor Seating:
270
Outdoor Seating:
40
# of Parking Spots:
50
Inside Sq. Ft.:
4500
Outside Sq. Ft.:
800

Highlights

  • Awesome Neighborhood Sports Bar For Sale
  • Locals Love This Place
  • Popular Local Hangout
  • Families Welcome and Kids Join The Fun
  • Standing Room on Steak Tuesday
  • Business Lunch
  • Local Clientele Have Celebrity Pictures On Wall
  • Dance Floor Attracts Couples
  • Full Kitchen Offers Breakfast Lunch Dinner
  • Owner Will Stay On To Manage
  • Type 47 License a Great Appeal

Financing

Will SBA Finance:
Yes
Will Seller Lend To Buyer:
No
This Listing is Sold

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 60,021 60,021 121,123
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 19,307 19,821 38,167
2010 Persons Per Household 3.29 3.27 3.27
Median House Value $192,771 $191,926 $175,338
Income Per Household $50,594 $50,742 $44,334
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 506 514 1,066
2012 Number Of Employees 15,202 15,230 32,896
2012 Total Annual Payroll $237,499,000 $238,076,000 $560,367,000

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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