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Riverside Bar Business For Sale

Location  California,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $349992
Net Profit / Cash Flow  $0
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  2005
Number of Employees  4 - 5
Relocatable  Not Disclosed
Number of Employees  4 - 5
Real Estate  Leased

Description  
Riverside Bar, Abc 47 License, And Real Estate Included! Seller Financing Available-price Reduced RRC#: 2079 Asking Price: $499,000 Location: 10323 Cypress Ave, Riverside, California Yearly Revenue: $349,992 Yearly Cash Flow: Contact For Info Monthly Rent: Contact For Info LISTING DESCRIPTION: Neighborhood ''Cheers'' style bar with loyal customer following located prominently at a signalized intersection with fantastic signage potential. The absentee owner of the bar is also owner of the real estate. Owner may carry on approved credit. Turn key bar, restaurant, and kitchen with upside potential by adding a restaurant and full time owner management! Also well suited for dinner house, Reception Hall, Lodge, or possibly church (depending upon zoning). Real estate includes a 3318 SF bar and restaurant with a new roof including a 12 year warranty and newly paved 31 car parking lot both completed in 2014. Lot size is 20,473 SF and affords abundant parking opportunities. There is a concrete patio at the rear of the building creating additional opportunity. The bar equipment includes POS system soda and 8 tap beer dispensers ice bin blender SS can reefer 3 well sink hand wash sink 9x5x7 reefer 2 glass top can refrigerators ice machine blender misc. bar equip and glassware. Seating includes #3 four person booths #4 wall mirrors #6 flat screen TV''s #4 lounge sofas #30 bar stools #7 high top tables band stage #2 pool tables, jukebox, ATM, and #3 games are leased and not included in the purchase. Kitchen includes 2 DR Traulsen refrigerator 2 DR Traulsen freezer 6 burner Wolf grill and 14'' hood with Pyrochem fire system POS register 2 basket fryer 3 sink SS wash sink hand wash sink #2 SS tables microwave meat slicer Bunn coffee maker toaster bar table Ninja blender newer 100 gallon water heater #4 shelf racks misc. cutlery, dishes, pots, pans mop room including ladder, #2 shelf racks, floor sink, vacuum cleaner and misc. cleaning equip.


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