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For Sale: Neighborhood Bar - Oakland Stadium

  • Address: Oakland

  • Status: Off The Market

  • Posting ID: 133562

$79,000

Asking Price

Oakland Stadium Neighborhood Bar Business For Sale
Neighborhood Bar Company For Sale

Description

Extraordinary!
New Landlord Is Building You A New Bar.

A Bit of History on this Bar
Once upon a time this Bar rocked. It made great money.
then the partners got great jobs far away in the land of San Francisco.
- - it started to lose it's luster
then the landlord let the building deterioate and rented adjoining stores to riffraff
- - it looked bad, it smelled bad - it was bad
- - we couldn't sell this %^&*]!@
then a new building owner, bought the block of stores cheap, and is making it into a classy building (he keeps his properties for the long term)

- - a brand new bar was built - new floor, walls, roof, bar
- - it reopened May 2010
The Bar Owners, altough they are far away are re energized
- - the riffraff were tossed out
- - new girls were hired
Slowly the old crowd is coming back
- - You can feel the difference

The owners still work too far away and need to sell
This is your opportunity to Buy at a Low price, before it comes alive

The A Very High Traffic Corner.

A Dedicated Owner Can Achieve Its Goldmine Potential.

Clean 48 License - Peaceful No Incidents No Violations

1500 ft2 ~19x80 Plus Patio And Parking For About 16 Cars

Lease 1900 Per Month W/5 Year Option
All Inclusive Lease Includes Water, Electric, Garbage

No Taps. Just Bottles, Cans And Hard Liquor.
Pool, Games, Big Screen

Gross 25K/Mo Depending On How Much You Want To Work
Net Reported 6 - 8K Per Month Absentee, Which Is Why It Doesn't Net More Today
2008 Net Over 100K.
From a May 2010 restart it is moving up!

Will Train
Will Provide Total Non-Compete
NDA Required, Please Click The Button Below.

This Information Has Been Supplied To Broker By Seller. Broker Expressly Disclaims Any And All Liability For Representation Of Warranties, Expressed Or Implied, Contained In Such Information, Or For Omissions From Them. Broker Believes Such Information To Be Correct, But Has Not Verified Or Checked It. Any Agreement Or Decision By Buyer To Pursue A Transaction Regarding This Business Should Be Based On Further Investigation By The Buyer.

To get more information about this Neighborhood Bar business for sale in Oakland Stadium please phone Allan Baumgartner (Broker) at 408-625-7025 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #133562 on BizBen.com. In addition to phoning Allan Baumgartner, make sure you email Allan Baumgartner above to get more info about this Neighborhood Bar, to ask any questions or request an appointment to see this business for sale. Thank you.

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Contact

  1. Name: Allan Baumgartner
  2. Phone: 408-625-7025

Details

  1. Asking Price: $79,000

  2. Down: None Given

  3. Cash Flow: $110,000

  4. Revenue:   $280,000

  1. Area: Oakland Stadium

  2. City: Oakland

  1. Attributes:

    Broker-Broker CoopTraining & Support

Related Links & Information Regarding This Posting

Email Allan Baumgartner Below About This Posting

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