Motivated Seller. Established Sports Bar And Restaurant In The South Bay Area Los Angeles County With Full C-47 Liquor License And Entertainment License. Clearly Defined Niche, Sound Management, A Loyal Customer Base, Recession Resistance, And Trained Key Employees Likely To Stay. Provides Good Value To Customers, Longevity, Good Books And Records, Systems And Controls In Place Makes This A Winner. Easy For Buyer To Take Over Without Putting In A Lot Of Funds.
“The Bar/Sports Bar Business Is In An Industry That Thrives During Good Times And Bad Times.” Receipts Down Less Than 5% 2008 Vs. 2007.
It Is A Destination Point, Known In The Area As The Place To Go For A Sports Bar, Kids Sporting Events, And Business Parties. Great Balance Between Adult (Family) And Corporate. Everyone In The Area Knows It. Large Following. Close To Schools, Colleges, Corporations.
Included In The Sale 450,000 Of Furniture, Fixtures And Equipment Excluding Memorabilia On Walls, State Of The Art Audio-Visual System In Sports Lounge, Pa System, Pos System, 52 Plasma Tv’s, Plus A 13 Foot Screen, Full Class C-47 Liquor License, A Hard To Duplicate Entertainment License With The Only Restriction Of No Dancing (Can Do Bands And Have Stage Available), License To Operate A Pool Hall, License To Operate An Arcade. Has It All. Almost No Cup Restrictions Add Value. Inventory Approximately 8,000, Not Included In Price. Purchase Of Memorabilia Can Be Negotiated.
Located In A Charming Street Shopping Center Development. It Is Just Off A Main Thoroughfare In A Major City. It Has Excellent Street Visibility, Ample On Location Parking. Clean And Well Maintained Place.
Why You Should Consider This Acquisition Opportunity:
• Sales And Cash Flow Are Consistent And Reliable. Established Business Base. Owner Says 90% To 95% Retention Of Customers. Revenues Sources Are About: 56% From Food, 42% From Beer And Wine And Liquor, And 2% From The Arcade. Established For 25 Years.
• Good Books And Records. Aloha Pos System. Analyze Menu And Sales Frequently.
• Not Owner Dependent Systems. Checks And Balances In Place. Key Employees Well Versed In The Business.
• Almost 11,000 SF Facility. Can Have Music And Entertainment. Owner Says They Are At The 50% Level With Opportunity To Expand. The Foundation Is There.
• Multiple Meeting Rooms Available For Sports Teams, Sports Clubs, Meetings Or Seminars. Banquet Rooms For From 10 To 25, Larger Room For Over 30 And A Cocktail Lounge That Accommodates Up To 125. Have A 13 Ft. Screen For Professional Seminar Presentations With State Of The Art Pa System. Cater Lunch And Dinner. Finest Food Quality And Service. Middle American With An Italian Flair. Ample On-Site Parking.
• They Always Carry Nfl, Nhl, Mlb And Nba Sports Packages, As Well As All College Sports Packages. Basketball, Baseball, Football, Hockey, Tennis, Soccer, Volleyball And More.
• They Have Team Fan Clubs, Host Meetings For Organizations Such As Pop Warner, Ymca, Ayso, Little League And Others. Close To Colleges And Schools.
For More Information Call Jeanette Bailey, Business Broker, Cbi, At Sunbelt Of Orange Coast At 714-619-9310 Ext. 251. Email: Jeanette@sunbeltorange.Com. Fax: 949-679-1408.
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