Description RRC#: 2094
Asking Price: $150,000
Location: East Bay, Union City, California
Yearly Revenue: $314,940
Yearly Cash Flow: $330,672
Monthly Rent: $3,500
This absentee run neighborhood bar attracts mostly an older crowd from the surrounding area. It features pool tables, a DJ, lingerie nights, karaoke, live music and more. It is owned by two partners, one who has a full time business the other has moved out of state. It has a great atmosphere and friendly customers. This would be a great opportunity for an owner who could spend more time at the business. NO BROKER COOP
GENERAL INFORMATION:
Organization: Partnership
Year Established: 1970's
Current Owner: 2007
Seating: 99
Square Footage: 1,750
Parking: Ample
Licenses Required: Type 48, health permit
FINANCIAL INFORMATION:
Yearly Revenues: $314,940
Yearly Cash Flow: $330,672
LEASE INFORMATION:
Monthly Rent: $3,500
Lease Expiration: 12/31/2016
Yearly Adjustment: 700 NNN
Security Deposit: 10,000