Bar with 48 with Type License - NO Restrictions

San Diego, CA (San Diego County)

Bar with 48 with Type License - NO Restrictions
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Asking Price: $225,000

Cash Flow: $80,000

Gross Revenue: $450,000

EBITDA: N/A

FF&E: $100,000

Inventory: N/A

Lease Rate: $5,165 /Month

Established: 2013

Bar with 48 with Type License - NO Restrictions

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Business Description

PRICE REDUCED. OWNER MOTIVATED.
Bar with 48 type license (on sale general public premises) and NO restrictions! Located in a busy strip mall near a major freeway in San Diego County. Has pool tables, karaoke, games, DJ, and live entertainment. No restrictions on hours of operation. Currently open from 11:30 am to 2:00 am. Has full kitchen.

Location is in the inside corner of a strip mall. Plenty of parking. There are mix of tenants including restaurants, cleaners, postal store, etc. Size is 3,130 sf and rent is only $5,165 plus NNN. Five years left on the lease.

Businesses with a grandfathered 48 type license are very rare in the state of California. And with no restrictions it is almost unheard of. For the right bar and kitchen operator, Bar is primed to be taken to the next level.

Submit offers. Owner motivated. Relocating to another country.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
3,130
Lease Expiration:
3/1/2023
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Location is in the inside corner of a strip mall. Plenty of parking. There are mix of tenants including restaurants, cleaners, postal store, etc. Size is 3,130 sf and rent is only $5,165 plus NNN. Five years left on the lease.
Competition:
Businesses with a grandfathered 48 type license are very rare in the state of California. And with no restrictions it is almost unheard of. For the right bar and kitchen operator, Bar is primed to be taken to the next level.
Support & Training:
2 weeks/40 hours per week
Reason for Selling:
relocating
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Contact the Seller

(from currently available funds)
 
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Jose-Carlos Bravo

Business Listed By:
Jose-Carlos Bravo

Vanguard Resource Group

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Sponsoring Broker:
Ken Oppeltz & Bill Lange

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