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For Sale: Cocktail Bar, Grill - By Beach, Live Entertainment - Beach Area, Huntington Beach

NDA   |  

Current Status: Active     Posting #: 273929     Last Refreshed: 5/30/22    
Contact: Joe Sales At 714-363-0440 , 714-473-0981  -  Also Email This Contact Below
Asking Price:  $495,000     Down Payment:  $495,000     Annual SDC:  Call / Email     Annual Gross:  $600,000    
Business Address:  None Given     City:  Huntington Beach     Zip:  92647    
Attributes:  Broker-Broker Coop, Absentee Run, Semi-Absentee Run, Financial Assistance, Training & Support, Owner Financing
Newly remodeled sports bar & grill with an extensive history. Manager run business on major thoroughfare with many upgrades. New paint in & out, new roof, 2 new AC units w wi - fi thermostats, new oven, freezer, hi end 24 camera surveillance system. Interior doors are all digital locks, Clover 3 terminal POS system has 2 additional hand held units for servers.

New buyers here are putting money back into the unit. Has lotto license but only doing scratchers.1 FT mgr draws $5K / mo. Sellers building sales monthly, New food menu, drink menu, and local marketing are starting to build sales. Sellers day jobs occupy their time. Policies & procedures in places sellers are very organized & keep immaculate books & records. The sellers are setting this up for success, but their day jobs are exploding & take their time. Great location for an owner / operator, promoter, etc.

There are 2 of the3 partners getting paid monthly there., they do not participate in the daily operations. 1 gets $8333.33 / mo. ($100K / yr) another partner not working gets $4,333.33 / mo. ($52K / yr ) as add backs. An owner operator can add that apx $17k to his profit.

To get more information about this Cocktail Bar, Grill - By Beach, Live Entertainment business for sale in Beach Area, Huntington Beach please phone Joe Sales (Intermediary, Broker) at 714-363-0440 and 714-473-0981 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #273929 on BizBen.com. In addition to phoning Joe Sales, make sure you email Joe Sales above to get more info about this Cocktail Bar, Grill - By Beach, Live Entertainment, to ask any questions or request an appointment to see this business for sale. Thank you. UBI Business Brokers.

Beach Area, Huntington Beach Cocktail Bar, Grill - By Beach, Live Entertainment Business For Sale

Email Joe Sales Below About This Posting




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For Best Results & Response, Email & Phone This Contact: Joe Sales at 714-363-0440 and 714-473-0981.



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Fast Track Posting Location near Downtown Huntington Beach on busy main street one block from the beach this Mediterranean grill offers Beer and wine license located in busy shopping center days open 6 closed on Mondays Hours 11am to 8 pm daily number of employees 2. lots of take -out .Beach City location. Price 245,000 Total Sales for year 2021 $465,254.23 Net Profit $ $115,757.94 .
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Status: Active  Posting #: 273736  Refreshed: 5/22/2022
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Fast Track Posting Well-known ( Peak Top} Highly visible Seafood Restaurant is all-help run (Located in Downtown area). Free-standing building with guest private patio and parking. Seats 150+ inside and 50+ on patio. with Beer and Wine. Total Sales Year 2021 $1,500.000. Net income for year 2021 $220,170.41. Total sales for year 2021 $1,555,000. (Net Income year- 2021 $220,170.41 all help run) Payroll Expenses for year 2021 $270,616.59 { seller may carry with 250,000 seller to approve buyer }.
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