Established Bar- Type 48 Liquor License & 77 Events Permit- Kitchen Facility- Near Beach
Rrc# 1378
Offered At: 165,000
Location: San Mateo County, California
Revenue: 23,000 / Month
Cash Flow: 2,465 / Month
Listing Description:
Just a block from the beach, this established neighborhood bar (40+ years) is a great opportunity for a hands-on owner to serve a very loyal community. Free standing building with its own parking lot and an outdoor patio. The street visibility is excellent, including lighted monument sign, and offers steady traffic flow from both locals and visitors. The interior offers a friendly ambiance with natural light, high ceilings, a beautiful vintage "L" shaped bar, working fireplace, table seating, arcade games and pool table. The back bar features a POS system and printers, 3-door and 1- door under counter tap fridge, two 2-door under counter fridges, blender, hand sink and 3- compartment bar sink. An adjacent kitchen and storage area offers a fryer oven, walk-in cooler, 2- door reach-in freezer, a 2-door under counter fridge, 3-compartment sink, ice machine and storage shelving. The business does currently offer some entertainment, including live music and karaoke, as well as periodic special events. Given that the business is absentee run, there is a huge upside benefit from a hands-on owner operator. In addition, the on premise kitchen is currently under utilizing the potential for an expanded pub menu.
General Information:
Organization: Llc
Seating: 40 Inside, 15 Outside
Square Foot/Size: 3,500
Parking: Street, Parking Lot
License(S) Required: Business, Type 48, Type 77
Days Open/Hours: Mon-Sun 11a-1a
Lease Information:
Lease Rent: 4,000 All Inclusive
Lease Expiration: Sept. 2011
Yearly Adjustment: Cpi, Max 3%
Lease Option: 5 Years.
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