Retail - Bars/Taverns | Retail - Restaurants

Asking Price	$325,000	Inventory	$8000*
Gross Income	$370,000	Real Estate
Cash Flow	Not Disclosed	Year Established	2001
FF&E	$65,000*	Employees	8

* included in the asking price

** not included in the asking price

This local s spot has been a favorite of the neighborhood patrons for years, known for serving stiff drinks and its friendly atmosphere. As a successful neighborhood bar, the business is truly turnkey - very low maintenance and perfect for a hands-off owner. There are no college kids or dance permits to deal with, and instead of relying on tourist traffic and large marketing campaigns, the owner has a steady stream of local customers, including a large military demographic that bring in consistent monthly revenues. The owner spends very little on marketing. Daily drink promotions, a local pool league, karaoke and weekly sporting events are his only advertising venues, leaving plenty of room for a new buyer to expand. The owner reports additional income from the pool tables and jute box of over $2,500 per month. Minimal staffing is required, as there is a full security system in place, allowing for the need to staff only two bartenders per day. With a fully trained staff is already in place, this is an ideal purchase for an absentee owner. He has experimented with local bands, and sporting events to increase daily revenues, but prefers the slow and steady income of the daily business - leaving plenty of room for a new buyer to expand. With this minimal marketing the owner is still reporting a yearly net income of over $100,000.

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Facilities: Located on a main thoroughfare, this popular bar caters to local residents, police officers and military in the Port Hueneme area. The business comes with a full liquor license, type 48, allowing for alcohol service without the headache of prepared foods. Extensive parking is included to cater to a large number of patrons.

Competition: Net profits have been consistent at this location for several years. Top Deck boasts the only Type 48 liquor license in the area, with no food service requirement from the Alcoholic Beverage Control. With little to no competition, the owner has secured a monopoly as one of the only dedicated local bars on the in Port Hueneme.

Financing: Limited Financing is availabe for qualified buyers.

Support/Training: Employees are fully trained and capable of fulfilling all ordering, drink preparation, and customer service. Seller will provide up to 30 days or 40 hours of training on product suppliers, drink recipes and the nuances of this location to contracted Buyers, after all contingencies have been satisfied.

Reason Selling: Focusing on other business ventures.