$675,000.00
Asking Price
Status: Active
Posting ID: 286051
4/8/24
Description
The cocktail bar, which is long established and holds a Type 48 license, is located in a nice area with low rent and boasts a 10-year lease. It also features an outside patio.
The seller has invested $100,000 in capital improvements to enhance the business.
Seller financing is available to qualified buyers, and the establishment operates with short hours.
The facility is two stories tall and includes two pool tables, making it very spacious.
Major Expenses: Rent -$2,600, Pouring Cost 27% -$15,000, Labor -$10,500, Utilities -$900, Entertainment - $2,500, and Insurance - $450
Listing # - 5460 NK
To get more information about this Cocktail Bar - Type 48 License, Low Rent business for sale in Los Angeles County please phone Neil Kaplan (Broker - BRE License #:01995716) at 562-402-2686 and 310-490-3422 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #286051 on BizBen.com. In addition to phoning Neil Kaplan, make sure you email Neil Kaplan above to get more info about this Cocktail Bar - Type 48 License, Low Rent, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01995716. VR Business Brokers.
Contact
Details
Asking Price: $675,000.00
Down: $375,000.00
Cash Flow: $109,000.00
Revenue: $720,000.00
Area: Los Angeles County
City: None Given
Attributes:
My Notes About This Listing
Bldg Size
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Space Being Rented
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Year Built
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Revenue
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Down
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Cash flow
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Down
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Cash flow
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Down
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Cash flow
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Revenue
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Min Liquid Cash
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Down
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Down
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Down
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Down
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Revenue
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Down
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