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Marcie Honkanen
Honkanen Real Estate, Business Brokerage
Postings
Vacaville, California
Bar - ABC Type 48 License, With Entertainment
$ 175,000
CF : $ 89,508
For sale is a great opportunity to own a lively and busy bar with entertainment located on a very busy street in Vacaville. This turnkey operation is currently managed by an absentee seller. Seller financing is available for qualified buyers, and the sale includes an ABC Type 48 Bar License and updated furniture fixtures and equipment. The bar was completely remodeled in late 2022 and 2023, reopening in early 2023. CASH FLOW $89,508 with one working owner. The lease long term lease is negotiable. Seller owns the real estate. The current monthly rent is $3,500 with a 3% annual increases. $4,500 security deposit. The space is approximately 2,300 SQ FT (+ -). Seller financing is available with a $50,000.00 down payment with interest-only payments for up to two years. No prepayment penalty. The real estate is also available for $1,650,000.00 assessed at $1,785,000.00 with financing options through Banner Bank that has no prepayment penalty for early payoff.