| Asking Price |
$795,000 | Inventory |
$20,000* |
|---|---|---|---|
| Gross Income |
$600,000 | Real Estate |
|
| Cash Flow |
$165,000 | Year Established | 1992 |
| FF&E |
$250,000* | Employees | 12 |
* included in the asking price
** not included in the asking price
This is a California Style Sports Bar/Restuarant located in a largely growing community only 1/2 mile from a large and popular freeway and many ammenities. It is both 30 minutes from the beach and 30 minutes from the mountains. It is located in the Temecula/Murrieta Valley and has a Full (type 47) Liquor w/ Entertainment License. It is 2,600 sq. ft Plus 2 patios, 1 being 1,800 sq. ft. and the other 2,400 sq. ft. The rent per month is $5,800 and a yearly gross of over $600,000 with a cash flow yearly of $165,000 with much more opportunities of growth *OWNER WILL ALSO PROVIDE A 20% FINANCE OPTION WITH WELL QUALIFIED BUYER*. This is definitely a well establish sports bar/restuarant being in this location for over 16 years. Included is a Full Kitchen, Dance Floor and Band/DJ Floor. Also has a 50" Plasma TV, 10X10 Projector Screen and 10 42" Plasma TV's as well 9 20" Tv's above the bar all displaying seasonal sports provided by a Full DirecTV system. There are 16 color State-Of-The-Art CCTV cameras that are viewable anywhere you can get internet (watch the bar from your home). Occupance both in and outside are 199 with an optional 99 on the second outside patio (not currently open yet). Total Private Value of ammenities inside are $300,000 and memobilias. Located near mall, freeway and many other popular attractions to truly bring the customers inside, this is definitely a $CASH COW$, there is no other bar in this city that has the liquor license we do = no competition with city population of 155,000 persons and growing fast! Lease has 8 years left with option of 10 more years. For more information give Mike Maris a call at 951-741-5557 at anytime*. TO VIEW MORE PICTURES PLEASE VISIT: http://s7.photobucket.com/albums/y298/ebaydan 777/Bar/ *PLEASE ONLY CALL IF YOU ARE A SERIOUS BUYER MAKING A SERIOUS INQUIRY!
Facilities: Occupancy reach 199 (Plus an additional 99 persons towards second outside patio) and is 2,600 sq. ft. plus an additional 1,800 sq. ft. for outside patio 1 and 2,400 sq. ft. for outside patio 2 (not currently open). Monthly lease is $5,800. City population is 155,000 and growing very fast with a lot of new housing! Only bar in town with entertainment/liquor license within 10+ mile radius. Lease is until 2016 with optional 10 years additional. Bar is sold AS-IS with all furniture and everything you see inside.
Competition: There is NO competition in this city, no other bar/restuarant has a liquor/entertainment license that is a sports bar/restuarant. Located 30 minutes from the beach and the mountains, near very busy and popular freeway as well as newly built large mall and college. This community is 155,000 people large and is constantly growing with the rapid housing being built. Located in warm southern california and is a perfect potential to continue the popularity of this sports bar.
Growth/Expansion: The expansion of the 2nd outside patio can include an addition 99 patrons as well as 24 tables which can extend business hours.
Financing: Contant Mike (951)741-5557
Support/Training: We will provide 2-4 weeks of complete A-Z training straight from the owners. At this time the owner only works part-time, otherwise controlled from home via security cameras.
Reason Selling: Owners are opening a new bar/restuarant out-of-state and must sell!

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