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#2356
Sacramento Restaurant For Sale

Absentee Operated Neighborhood Bar & Sports Bar w/Hard Liquor

$150,000
Sold
Absentee Operated Neighborhood Bar & Sports Bar w/Hard Liquor
This Listing is Sold
If you've been looking for a small neighborhood bar with sports bar flair serving short order comfort food and a hard liquor license (type 47), then SellingRestaurants says you've got to stop by and look at this absentee operated business!

This local favorite sports bar is situated in a wonderful corner of the world surrounded by pines, creeks and lakes. There are no other bars within miles of this location so you're the only game in town with thousands of folks surrounding the area.

Situated in a shopping center, this bar also has a great menu of American comfort food offering, drawing in all sorts of folks in for not only the drink and conversation, but also the food.

The crowd is the 30's, 40's and 50's folks, so you're not going to see your clientele disappearing one at a time here.

The menu is simple and the food is great. You've got to stop by to have a burger and beer. And speaking of beers there about a half-dozen draft beers available along with hard liquor drinks and of course bottled beer. The liquor license alone in this county have sold for more than we're asking for the entire business!

And what a great lease as well. There are 2,000 Sq. Ft. with an all-in rent of about $3,240 per month making this an attractive opportunity.

This business could certainly use a working owner to realize its full potential, but even then this place is netting the current owners $4-$7k per month.

I guarantee this jewel won't last, so don't sit on the sidelines and watch it, go out and see and buy it now!This is a Paramount Restaurant Brokers, Inc. DBA SellingRestaurants.com listing.
Broker Mel Jones DRE License #CA00893362 and AZ BR634507000

Lease

Region:
Sacramento Restaurant For Sale
Lease Term:
New Lease $1.30 Sq. Ft. + 0.32 NNN for 5 year Lease + Option
Total Monthly Rent:
$3,240

Financials

Last Year's Annual Gross:
$260,000
Last Year's Owner's Cash Flow:
$85,370

Operations

Liquor License:
47
# of Part-Time Employees:
6
Hours Open:
11am until Closing 7 Days a Week
Year Established:
2002
Hood System Type 1:
Yes

Facilities

Indoor Seating:
50
# of Parking Spots:
100
Inside Sq. Ft.:
2000

Highlights

  • Absentee Operated Neightborhood Bar and Sport Bar
  • Wonder Small Business
  • Hard Liquor Licenses In This County Have Recently Sold for $200k
  • Great bar and Food Business - Simple Menu
  • Operating for 8 Years
  • Great Area to Work and Live
  • Steady Business - Needs Working Owner
  • Business Has Suffered Because of No Working Owner
  • Business is Increasing! Good Trend-Up!

Financing

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

Demographics

Population 3-mi. 5-mi
2014 Total Population 17,933 21,750
Households 3-mi. 5-mi
2010 Number Of Households 6,856 8,650
2010 Persons Per Household 2.51 2.52
Median House Value $365,100 $363,710
Income Per Household $64,329 $65,346
Businesses 3-mi. 5-mi
2009 Number Of Businesses 403 492
2012 Number Of Employees 7,050 7,840
2012 Total Annual Payroll $156,596,000 $171,212,000

click for more demographic info

Disclaimer

Notice: 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 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.

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