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.
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Great breakfast and lunch spot in buena park with rave reviews. Surrounded by homes and office buildings. Plenty of parking. Reasonable rent. Low cost of goods. Sba loan with 35% down. Monthly gross: $40,000. Monthly net: $10,000.
