Description About This Posting: Bar And Restaurant
Unique and exceptional opportunity to purchase an extremely popular bar and restaurant. This consistent money-maker is located in a busy and lively downtown area on a street with high foot traffic. There is a great lease with below market rent and 2 options to renew. There is a 3 bedroom apartment in the building for use by the owner and/or staff.
Sales have been explosive for this business!! 2015 - $1.8 million, 2016 - $2.0 million, 2017 - $2.2 million.
This restaurant/bar is open 7 days a week and currently serves lunch and dinner in the 3,000 sf venue. There is seating for approximately 100 inside and approximately 125 in a charming, outdoor patio. On several nights a week, the outdoor patio features live music and patrons literally line up at the door to pay a cover charge to gain admission.
The best part is that there is a steady flow of customers from multiple sources including local residents, several local colleges and several military facilities. However, during numerous tourist events in the area (car shows, golf tournaments, conventions, etc.) this venue really packs them in!
Offered at only $989,000 including a full type 47 liquor license and all existing furniture, fixtures and equipment.
To get more information about this Bar And Restaurant business for sale in
Monterey County please phone Lance Strauss (Agent - BRE License #:01928119) at 831-625-5581 - if you get
voicemail please leave a detailed message - make sure you mention you
saw this posting/ad #244183 on BizBen.com. In addition to phoning
Lance Strauss, make sure you email Lance Strauss above to get more info about this
Bar And Restaurant, to ask any questions or request an appointment to see this
business for sale, franchise, or opportunity. Thank you.
Related Links And Information Regarding This Posting
Professionals who understand the importance of world class business brokerage service and the value it can create. Specializing in assisting sellers and buyers with retail stores, restaurants, hospitality & lodging, manufacturing operations, distribution companies, e-commerce and service businesses.
For over 25 years I have provided niche business purchase financial advisory and loan placement services with SBA and Non-SBA Loans, Retirement Plan Conversions, Private Investors, etc. Financing amounts available: $20K to $7MM. Call today to get pre-qualified or receive financing: 866-270-6278.
Assisting both sellers and buyers of businesses - dealing mainly with Liquor Stores, Grocery Markets, Gas Stations, Smoke Shops, Restaurant Related, Retail Related, Service Related. Serving SF Bay Area, North Bay, Sacramento area. Call Harry Sidhu, CBB for assistance at 510-366-6130.
Cheryl is a business owner herself, Over 20 years bar/restaurant experience, and a law degree she's well-versed in real estate rules, regulations and best practices. She works tirelessly to create successful strategies and effective negotiations for those wishing to sell or purchase their business.
Liquor license brokerage and consulting services. We provide: Alcohol License Transfers Application Consulting & Processing, Liquor License Purchases & Sales, City Zoning Permits & Land Use Entitlements, Public Convenience or Necessity Findings and Letters. Phone Mike Brewer direct at 800-437-1100.
With over 20 years experience of local governmental requirements, such as Police Departments, Zoning / Planning Departments, and ABC District Offices, my company Liquor Licenses of San Francisco Bay Area is very qualified to resolve all of your concerns during the liquor license transfer process.
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What you will read in this BizBen blog post you will probably not find in any manual or set of instructions provided by the ABC (liquor licenses in California). This blog post by Jeff Back (SF Bay Area Restaurant Broker Specialist) at 925-736-8200 discusses this topic of liquor licenses in detail.
This informative 40 minute interview/webinar about buying & selling restaurants in San Francisco with restaurant broker specialist Cheryl Maloney is a real eye opener for restaurant buyers and sellers. Cheryl gives great advice to both buyers and sellers from her years of experience in the industry.
Jim Saxton - 20 years experience of local governmental requirements, such as Police Departments, Zoning / Planning Departments, ABC District Offices, my company Liquor Licenses of SF Bay Area is very qualified to resolve all of your concerns during the liquor license transfer process. 925-787-0770.
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