Real Estate With Profitable Bar/restaurant In Key Location With Additional Rental Income RRC#: 2373 Asking Price: $1,898,000 Location: Big Bear Lake, San Bernardino, California Yearly Revenue: $1,582,992 Yearly Cash Flow: $297,996 Monthly Rent: Contact For Info LISTING DESCRIPTION: Well established and profitable restaurant/bar. Near resorts, hotels and shops. Very popular with locals and tourists alike. Open 7 days a week from 8am to 2am serving breakfast, lunch and dinner. Offers live entertainment. Also serves as a sports bar with multiple TV''s. Offers indoor seating and large outdoor patio. Seller does nearly $150,000 a year in off premise catering. Holds an ABC Type 47, Type 58 Caterer''s Permit, and Type 68 Off Premise Sales license. Some equipment includes: pool table, dining tables, chairs, bar stools, 4 TV''s, back bar triple beer cooler and double beer cooler, walk-in, bar sinks, 4 ft. refrigerated prep station, char broiler, grill, fryer, double door freezer, single door refrigerator, microwave, toaster oven, cookie oven, slicer, SS/ tables, metro shelving, 3 compartment fridge, ice maker, 5 ft. floor freezer, lockers, washer/dryer, mop sink, dry storage area, outdoor portable bar, beer tap. Area offers skiing in Winter, Lake and Boating in the Spring/ Summer. Great reviews and 4.5 Stars on Trip Advisor and Yelp! Room for expansion. GENERAL INFORMATION: Organization: Sole Proprietorship | Year Established: 1990 | Current Owner: 2006 | Employees: 22 | Seating: 68 inside/150 standing room, plus patio | Square Footage: Lot size 12,750 sq. ft. | Parking: street and lot | Licenses Required: ABC 47, 58 and 68 | Days Open/Hours: 7 days a week 8am-2am | Reason For Sale: Other Interests | FINANCIAL INFORMATION: Yearly Revenues: $1,582,992 | Yearly Cash Flow: $297,996 |
Big Bear Lake, CA
Absentee Owner ran.... Manager in place.... Owner may/can carry with only apx $300,000 down. Smokin' deal - includes:.... Real Estate & Full Liquor License! ALL with million + income for less than a measly million two? Yes...it's a deal. Restaurant is busy and ran mostly absentee; fun bar area, well established & efficiently run. The most popular Bar & Steakhouse in the Big Bear area for locals & kids, visitors & stars alike for over 20 years. *Price Includes: goodwill, building, land, full liquor license & other transferable licenses, machinery, furniture, fixtures & equipment, inventory, non-compete etc. Owner financing possible. Shown by Appointment Only. Broker has all data on the business including financials. Please do NOT Disturb employees. Owner relocating. Return NDA for detailed info to Broker. Cooperative Broker.
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