Turn Key 3, 500 Sq Ft Lounge / Bar
Location California,United States
Asking Price Range < $250K
Gross Revenues $600000
Net Profit / Cash Flow $0
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 2009
Number of Employees 6 - 9
Relocatable Not Disclosed
Number of Employees 6 - 9
Real Estate Leased
Description Modern Waterfront Cocktail Lounge With Fully Equipped Stage, Type 48 Full Liquor License With Annual
RRC#: 1826
Asking Price: $180,000
Location: Suisun City, Solano County, California
Yearly Revenue: $540,000
Yearly Cash Flow: Contact For Info
Monthly Rent: $7,000
LISTING DESCRIPTION:
Price only $180,00 for this local neighborhood Bar, Lounge and Club located across from the beautiful Suisun Waterfront, on a corner site with high roadside visibility. The present owners have operated this bar for 4 years but due to serious ill health they can no longer spend the time and energy required to remain successful. Therefore they are willing to carry a small portion of the asking price to serious, well qualified buyers. This bar won ''Best Of'' these past 2 years and the owners are proud to have been awarded these accolades after just a few years of operation. The building and bar were built in 2009 at a cost of $500,000, therefore this 3,500 sq ft bar shows extremely well and is in first class condition. A Type 48 full liquor license (no food required) is included with the sale and has tremendous value. There is a small Kitchen used primarily for fried appetizers with 2 double 6ft Refrigerator/Freezers, self contained fryer with built in Hood, convection oven and reach in sandwich worktop refrigerator and stainless steel prep table. The owners hardly use this Kitchen, therefore there is ample scope to increase sales by offering easy to prepare, comfort food. The Bar has 4 beers on tap, seating for 22 in an long ''L'' shape plus seating for a further 200 at the many dining tables and 4 comfortable booths. Lots of storage, 6 flat screen TV's and a superb PA sound system with a DJ booth and a remote stage mounted big screen projector. There is a great web-site which this bar uses on a daily basis to promote concerts and events. Due to owners ill health this bar is presently only open for three nights a week even though surrounding businesses are open daily
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