Bar With Real Estate For Sale - Sierra Foothills, California
Ad/Listing Information
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Contact Information |
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| Status: |
Available |
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| Location: |
Sierra Foothills |
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| County: |
El Dorado |
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| City: |
None Given |
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| Contact Broker: |
Joe Selling
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| Primary Phone: |
530-545-2451 |
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| Alternate Phone: |
None Given |
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| DRE Number: |
None Given |
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| Email Address: |
Email Advertiser |
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| Date Started: |
8/29/10 |
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| Date Last Revised: |
8/29/10 |
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| BizBen Ad #: |
151942 |
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| Financial Information |
Detailed Information |
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| Price: |
$900,000 |
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| Down: |
$33% |
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| Revenue: |
$408,000 |
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| Adj. Net: |
Call/Email |
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| Relocatable: |
No |
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| Home Based: |
No |
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| Real Estate Included: |
Yes |
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| Bkr To Bkr Coop: |
No |
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| Franchise: |
No |
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| For Sale By Owner: |
No |
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| Asset Sale: |
No |
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| Lifestyle: |
No |
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Description Of This Sierra Foothills Bar With Real Estate Business For Sale:
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If you've been looking for a commercial real estate play with a bar, a prized El Dorado Hard Liquor License with a rental home as well then you've found your dream business. What makes this opportunity so attractive is the owner is willing to carry 66% of the asking price because he believes in the business and this business has 75%+ gross margins!!!
Rare opportunity to own a great bar with a track record dating back to when Kennedy was president. This is a well know brand in the area, since 1960 and has a steady following! This bar is in a Sierra Foothills town not too far from El Dorado Hills and includes real estate. The bar is well maintained and very clean. This is no dive bar!
Bars are the easiest of all food and beverage businesses for a new comer to the industry to learn and this one comes with a type 48 license, which means food takes second place. These licenses have sold for well over 200,000 in recent times. Sonce no fodd is required, much higher profit margins can be expected. Businesses with well run bars typically achieve close to 75%+ gross margins!
This property includes a dance floor and stage, large outside patio, several pool tables, shuffleboard, kitchen area with NO hood system, large office, large walkin cooler that holds a lot of product including 20+ kegs, large secure liquor storage area and nearly 60 parking spaces with a 500 Sq. Ft. home rental unit included in the price. This unit rents for a total of 8,500 per year.
A Large Bar with Real Estate and a House to live in or rent and the owner willing to carry most of the sale is a rare find. So click on the listing #, complete the confidential agreement and view this rare opportunity.
You are now one step closer to being your own boss.
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Call Joe Selling Broker at 530-545-2451 (Please Mention You Saw This Ad On BizBen)
About This Bar With Real Estate Business Opportunity For Sale in Sierra Foothills.
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Bar With R.E. Business For Sale Photos
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Sierra Foothills Area News And Tips For Buying & Selling Bar With R.E. Businesses
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What you will read in this article you will probably not find in any manual or set of instructions provided by the ABC. What I write about in this article - Working With The ABC: Inside Look At Liquor Licenses - is about the many things I have learned the hard way over 20 years of working as a restaurant broker with the ABC to transfer beer and wine and full liquor licenses. Jeff Back can be reached at 925-736-8200. |
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Owner lists their business opportunity for sale - Greenhorn Creek Dude Ranch And Resort Has Been The Perfect Western Getaway For Generations Of Families Since 1962! Check out this business opportunity in Plumas County - Life Style Listing! Dude Ranch, Trout Ponds, Resort, Real Estate For Sale High Sierras location - Plumas County. Summer Is Packed With Western Activities Like Swimming, Frog Racing, Fishing And Rodeo Games Where You, Our Guests, Are The Featured Attraction! Call Trish at 530-283-0930 for more information about this business opportunity. |
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Lee Petsas discusses purchase agreements when buying or selling a small business opportunity or franchise resale in this article, Deposits With Purchase Agreements: Rules And Guidelines - Good Tips For The Deal - Lee discusses: How much consideration should I give as deposit? Are Deposits refundable and when? Cashing Deposits and Opening Escrow, Return of Deposit to Buyer, Why do we take a deposit from a buyer when preparing and executing a Purchase Agreement Contract? Read this article by Lee on Deposits - you'll be glad you did. |
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Owner selling long established absentee run San Mateo Neighborhood Bar For Sale By Owner - Established 40 Years The business does currently offer some entertainment, including live music and karaoke, as well as periodic special events. Comes with an outdoor event license. Given that the business is absentee run, there is a huge upside benefit from a hands-on owner operator. For more information call Joseph at 510-299-5949. |
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