November 22, 2009
 
 
Neighborhood Bar  •  $79,000

Location: Oakland Stadium
Seller: Allan Baumgartner
Phone: 408-625-7025
 
 
About This Business
BizBen Ad #: 133562
Status: Available
Start Date: 11/17/09
Last Revised: 12/31/69
Location: Oakland Stadium
County: Alameda
City: Oakland
Contact Information
Seller or Contact: Allan Baumgartner
Primary Phone: 408-625-7025
Alternate Phone: Not Provided
Email: allan@abetterbusinessbroker.com
 
 
Financial Information
Asking Price: $79,000
Down Payment: $60,000
Annual Cash Flow: $110,000
Annual Revenue: $280,000
Detailed Information
Franchise: No
Relocatable: No
Home Based: No
Real Estate Included: No
Broker To Broker Cooperation: Yes
 
 
Business Summary
Extraordinary!
New Landlord Is Building You A New Bar.

Landlord Has Gutted The Building And Is Building You A New Bar A Few Doors Closer To The A Very High Traffic Cornor.
You Can Help Design It.

Meanwhile The Old Clean, But Run-Down Bar Is Coining Money Today!
A Dedicated Owner Can Achieve Its Goldmine Potential.

Clean 48 License - Peaceful – No Incidents No Violations

2000ft2 ~28x66 Plus Patio And Parking For About 16 Cars

Lease 1900 Per Month W/5 Year Option
All Inclusive Lease Includes Water, Electric, Garbage

No Taps. Just Bottles, Cans And Hard Liquor.
Pool, Games, Big Screen

Gross 25K/Mo Depending On How Much You Want To Work
Net Reported 6 - 8K Per Month – Absentee, Which Is Why It Doesn't Net More Today
Has Been Over Well Over 100K.

Owners Have Fulltime Out Of Town Jobs And Are Splitting Up

79K, Firm

No Books
Will Train
Will Provide Total Non-Compete
Nda Required, Please Click The Button Below.

This Information Has Been Supplied To Broker By Seller. Broker Expressly Disclaims Any And All Liability For Representation Of Warranties, Expressed Or Implied, Contained In Such Information, Or For Omissions From Them. Broker Believes Such Information To Be Correct, But Has Not Verified Or Checked It. Any Agreement Or Decision By Buyer To Pursue A Transaction Regarding This Business Should Be Based On Further Investigation By The Buyer.