Profile: Glendora Area Beer & Wine Bar – With Real Estate.
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Ad/Listing Information
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| Financial Information |
Detailed Information |
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| Asking Price: |
$800,000 |
| Down Payment: |
$800,000 |
| Annual Revenue: |
$275,000 |
| Annual Adjusted Net: |
$60,005 |
| Price Range: |
$500,001 to $1 Million |
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| Franchise: |
No |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
Yes |
| Bkr To Bkr Coop: |
No |
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Description:
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This Glendora Beer And Wine Bar Is Located On A Major Throughway Near The University. The Sale Includes The Business And Real Estate, As Well As A Beer And Wine License (Type 42), Tobacco License, And Lotto Permit. The Business Has Been Established For Over 50 Years At This Location And Generates Approximately 25,000 In Monthly Sales. The Owner Has A Full Staff In Place To Operate The Bar.
The Sale Includes All The Assets Of The Business, Including The Beer And Wine License, Coolers, Televisions, Inventory, Furniture, Fixtures, Equipment, And Goodwill. The Approximate 1,400 Square Foot Property Sits On A Large 12,500 Square Foot Lot, With Over 20 Exclusive Parking Spaces. The Pool Tables, Juke Box, And Games Are Not Owned Nor Included In The Sale, But The Rights To The 50/50 Profit Sharing Shall Transfer To A New Owner.
Competition Is Considered Medium, As Other Bars Exist In The Area; However This Is A Unique Opportunity Which Includes The Real Estate. There Are Fewer Than 6 Other Bars Within The Immediate Vicinity Making This Both A Scarce And Worthwhile Opportunity.
The Business Has A Lot Of Room To Grow Given Its Close Proximity To A Major University. A New Owner May Seek To Increase Advertising And Consider Drawing The College Student Crowd In With Drink Specials And Entertainment Offerings Such As Dj’s Or Local Bands, Cup Permitting.
A Rare Opporunity With Property Included.
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