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Bar With 48 License For Sale - North Orange County, California

Ad/Listing Information
Contact Information
 
Status: Available
Location: North Orange County
County: Orange
City: None Given
Contact Agent:  Gregg Tobin
Primary Phone:  949-546-0903
Alternate Phone:  None Given
DRE Number:  01365233
Email Address:  Email Advertiser
Date Started:  4/11/12
Date Last Revised:   5/15/12
BizBen Ad #:  174152
 
 
Financial Information Detailed Information
 
Price:      $295,000
Down:      Cash
Revenue:      $377,000
Adj. Net:      $75,000
Relocatable:      No
Home Based:      No
Real Estate Included:      No
Bkr To Bkr Coop:      Call
Franchise:      No
For Sale By Owner:      No
Asset Sale:      No
Lifestyle:      No

Description Of This North Orange County Bar With 48 License Business For Sale:

There are very few bar/tavern 48 licensed businesses on the market today, but it is certainly a high demand business. In this case, there are not many that can match the features of this local neighborhood Bar which has been operating for 35 years in North Orange County. The full cocktail bar is complete with 8 draft beers and room for 80 patrons in this 2,000 sq. ft location. There are six -43' HD Flat Screens TV's and Direct TV with the NFL Ticket as well as a Jukebox, two - Pool Tables, three Dart-Boards, & two Beer Pong Tables. There are Pool Leagues and Dart Leagues two nights a week and Karaoke with DJ on Friday and Saturday night and Comedy on Sunday Night. There is also a Stage area for entertainment and the bar also has a Surveillance System with 9 cameras, inside and out. The current owner only works about 10 hours per week so it is basically operated absentee. The 5 part-time employees do a great job in managing the business and it is a fun local neighborhood favorite and very clean inside and out. The rent with CAM is only 2,754 with a long term lease in place. If you are familiar with 48 licensed bars/taverns then you understand the dynamics of this business and the huge upside.

General Information

Facilities: Located on a very busy street with excellent visibility. Lease is good through Feb. 2019 with a 5 year option
Growth and Expansion: There is a huge upside for a hands on operator considering the owner is only working 10 hours per week. A new owner can grow the already very profitable business by adding more to the pool and dart leagues and feature more specials and events.
Support/Training: The Seller will offer training
Reason Selling: re-locating
Year Established: 1975
Employees: 5- part-time

There is 10,000 Inventory Not Included in the Price.
Call Gregg Tobin (Agent) at 949-546-0903  (Please Mention You Saw This Ad On BizBen) About This Bar With 48 License Business Opportunity For Sale in North Orange County.


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