Bar With Full Liquor, No Food Requirement
Location California,United States
Asking Price Range $250K - $500K
Gross Revenues $316988
Net Profit / Cash Flow $47174
Cash Flow Type EBITDA
Seller Finance No
Year Established 2004
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training 2 weeks at 20 hours / week.
Reason for Sale Personal.
Description This quaint, yet highly classy Irvine beer and wine bar is poised to become one of Irvine's hottest night spots as it has just received a full liquor license with no food requirement. Located in a still growing, high traffic shopping center with major office and condominium complexes within walking distance, all this business needs is a new owner with a fresh concept for a full bar offering. This ideal 1,550 sq. ft. facility is surrounded by complementary neighbors, offers customers plenty of parking, and comes with a lease until 05/09 plus 1 five year option.
Asking Price $199,000.
The unique bar sale includes a Type 48 liquor license and all of the necessary furniture and equipment necessary to make it Irvine s next hot spot. This tremendous location, which virtually markets itself, will lease for approximately $7,800 per month including CAM, and has an official occupancy for 50 persons but can accommodate more. The facility has a full bar, seating for 50, a 3 station POS system, refrigerators, dishwashers, a convection oven, a managers office, and a liquor/dry storage room.
While there are various entertainment venues in Irvine, the classy bar's location and current concept lend themselves to attracting a day time crowd, a happy hour or early evening crowd, or now with the full liquor license -late night revelers.
This bar just obtained its full liquor license, yet a concept has not been implemented (nor will be) to take advantage of it. As such, a buyer will already have a steady client base with the expenses covered, while reaping the benefits of taking the venue to the next level. New owners will likely seek to promote the location, refresh its appearance to fit the new concept, and engage in some form of advertising and marketing to ensure maximum profitability. Contact for more information on this bar for sale.
Click Here To Contact Seller
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