$450,000.00
Asking Price
Address: Temecula,
Status: Active
Posting ID: 278857
10/31/24
Description
This Temecula bar and restaurant with multiple bars boasts stellar freeway access, main street visibility, a spacious parking lot, and live entertainment with a new, highly versatile build-out that allows the venue to simultaneously offer dining and live music in separate spaces. The venue's unique concept promotes a loyal following and stable customer base that makes the venue the first choice for many onsite special events, and offsite catered activities, while its chef-driven menu and extensive craft beer selection, together with the venue's full entertainment calendar comprised of a variety of bands, DJs, karaoke and other performances keep patrons coming back for more.
This 6,700 square-foot venue with a capacity for over 300 patrons leases for $9,800 per month on a long-term lease until 2031 with two 10-year options. All of the business's furniture, fixtures, equipment, and liquor license as well as a live entertainment permit will be included in the sale. An estimated $10k in inventory will be sold at cost at close in addition to the purchase price.
Temecula has several bars, restaurants, and live music venues in its Old Town district and throughout the greater Temecula Murrieta corridor, however, few can match this venue's recent highly versatile, no expense spared build-out and host of entertainment entitlements. As such, together with the location's attributes, it has a built-in long-term sustainable advantage.
New operators of this live entertainment, music and dining venue may maintain continuously its ever-growing customer-embraced concept, or the facility may be adapted to any number of alternative concepts that capitalize on the versatile build-out and highly flexible space layout.
To get more information about this Restaurant And Bar - With Live Entertainment business for sale in Temecula please phone Ryan Clark (Broker - BRE License #:01399346) at 310-652-8353 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #278857 on BizBen.com. In addition to phoning Ryan Clark, make sure you email Ryan Clark above to get more info about this Restaurant And Bar - With Live Entertainment, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01399346. The Veld Group.
Contact
Details
Asking Price: $450,000.00
Down: $450,000.00
Cash Flow: Call/Email
Revenue: $1,610,768.00
Area: Temecula
City: Temecula
Attributes:
My Notes About This Listing
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Revenue
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Year Built
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If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
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The Veld Group provides a refreshing approach to Business Brokerage, Mergers & Acquisitions and Business Consulting and Valuations. From Your Street to Wall Street, we cater to Main Street Businesses as well as more complex Strategic Firms and Start-Ups.
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Laundry consulting, due diligence, buyer representation: We preview laundries for you and evaluate them. 28 years laundry industry experience: buying, selling, valuing, retooling, analyzing, consulting services for laundry buyers and entrepreneurs in California. Contact us today about our services.
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Cheryl's a restaurant business broker, over 25 years in the bar and restaurant industry coupled with a J.D. Cheryl works tirelessly to create successful strategies and effective negotiations for those who wish to purchase a new or sell an existing bar, restaurant, cafe, or night club. 415-309-2722
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McGovern Escrow Services, Inc., is a leading independent escrow company. We are a trusted partner with our clients, assisting them through the tangled bulk sale & liquor license transfer process. We provide attentive, quality & innovative customer service. Phone Elizabeth McGovern at 415-735-3645.
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