Profitable Sports Bar And Grill Restaurant
Location California,United States
Asking Price Range $250K - $500K
Gross Revenues $670000
Net Profit / Cash Flow $120000
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 1928
Number of Employees 10 - 19
Inventory 80000
Relocatable No
Number of Employees 10 - 19
Real Estate Owned
Training 2 weeks included.
Reason for Sale Owner is retiring.
Description Established successful and popular sports bar / restaurant with an unlimited liquor license with below market lease or Real Estate available. This successful and profitable business has been established since 1928 with a great staff in place and a very loyal regular clients. This popular Bar & Grill is a landmark in the community. 3,960 sq ft building in a prime location on a very busy street with ample parking and occupancy for 99. Pool tables with league nights and Soccer club gatherings generate healthy profits. This bar opens for lunch with a strong happy hour following, steady dinner till 9pm. Local bands are scheduled out for months and bring in lots of customers. The fully equipped Bar/Restaurant for sale has a 47 liquor license, 13 televisions, Stage, pool tables & many video games. The second floor is set up as an office. Fantastic opportunities to grow with a new Owner managing and overseeing the operation. Current owner is absentee.
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