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Pomona, Los Angeles County, California
First Class Bar & Lounge w/Entertainment, Patios & Character!
Asking Price
$395,000
Revenue
$979,289
Down
$395,000
Cash Flow
$137,828
Name: Ryan Clark
Phone: Show phone number
Name
Ryan Clark
Phone
Show phone number
Description
While competitors exist in this popular entertainment area, this lounge’s patrons visit from near and far because of its inviting, refined atmosphere, where guests can enjoy creative dishes and hand-crafted drinks in a relaxed yet refined setting. Music aficionados appreciate the varied selection of talent the establishment is able to draw, foodies enjoy the revolving menu with high-quality, distinctive offerings, and whisky connoisseur relish the available selection of top shelf and hard to find spirits. As a result these attributes, little real direct competition exists.
New management, who will ideally be local, will wish to aggressively promote the venue for precisely what it is - a remarkable live entertainment venue and speakeasy with remarkable character, fantastic talent, and a menu to please the most discerning palates. The venue may consider extending its operating hours, or days of the week, and can promote its availability for daytime corporate or community events, quaint or large private parties, specialty music or comedy nights or talent showcases, and far more.
Business Details
Year Established:
2018
Employees:
15
FE&E:
30,000
Reason for sale:
Operating Remotely
Support & Training:
Seller will train for 2 weeks at 20hrs per week or as negotiated
Property Information
Size in Square Feet:
2,500 sqft
Premises Details:
This 2,500 square foot location, which had been fully renovated, leases for $5,032 per month including common area maintenance (CAM) expense, on a lease until 12/31/28 with one 5-year option. All of the business’s furniture, fixtures, equipment, Type 48 Liquor License, and goodwill will be included. An estimated $20k in inventory will be sold at cost at close.
Posting Information
Posting ID:
5582846
Business Category:
Restaurants & Food
Business Types:
American Restaurant
Bar, Pub, Sports Bar, Lounge, Tavern
Attributes:
For Sale By Owner
License (Liquor, etc.)
Training And Support
Send NDA Request
Please complete the form below to request the NDA for this listing. The broker will review your request and send the NDA for you to sign.
Once signed, you’ll receive access to confidential business details including the business name, address, and financials.
Posting Title
First Class Bar & Lounge w/Entertainment, Patios & Character!
Posting ID
#5582846
Full Name (Required)
Email (Required)
Phone (Required)
Your NDA Request has been Sent!
Please check your email for updates — the seller will send you the NDA to review and sign before sharing any confidential details.
Agent, Broker or Seller Contact
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