Bar with Full Liquor(ABC-Type 48) license - High Net - Low Rent

San Bernardino County, CA

Seller Financing Available
Bar with Full Liquor(ABC-Type 48) license - High Net - Low Rent
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Asking Price: $275,000

Cash Flow: $102,186

Gross Revenue: $435,653

EBITDA: $102,186

FF&E: N/A

Inventory: $10,000*

Established: N/A

*not included in asking price.

Bar with Full Liquor(ABC-Type 48) license - High Net - Low Rent

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Business Description

Bar with Full Liquor(ABC-Type 48) license - Very Low Rent - Low Overheads - High

This business presents an acquisition opportunity to own an well-established, simi-absentee owned bar with full liquor(ABC-Type 48) license.

This business establishment with seating capacity of about fifty(50) attracts patrons for a quick round of drinks at lunch to a fun filled night out with friends and family.

Upon arrival, this establishment pampers its guests with a selection of draft beers on tap, a full bar, music, multiple flat screen televisions, pool tables, providing an enjoyable entertainment atmosphere.

Additionally, current ownership dedicates almost no time and resources for advertisement and promotion of this business and most of its clientele is established repeat or referral, therefore, upside potential, additional revenues and resulting higher bottom line may be realized by actively engaging in advertisement campaigns and utilizing social media.

Located on a busy intersection ensures steady volume of traffic. Growth in surrounding area may result in higher traffic and added future potential.

Seller has offered this business for sale after over forty-one(41) years of ownership at retirement age.

Very low rent, low overheads, clean books and records, simi-absentee ownership, busy street location along with opportunity for expansion and growth presents a great acquisition opportunity.

Detailed Information

Location:
San Bernardino County, CA
Inventory:
Not included in asking price
Employees:
5
Facilities:
Rancho Cucamonga Area Inland Empire, Southern California Location
Financing:
$125,000 Down, Balance Seller Financing
Support & Training:
Provided as part and parcel of acquisition.
Reason for Selling:
Retirement after forty(40) years of ownership.
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(from currently available funds)
 
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Mani Singh, CBB.

Business Listed By:
Mani Singh

TNW Business Brokers

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Memberships & Certifications:
Indicates membership in The California Association of Business Brokers (CABB). The CABB Certified Business Broker (CBB) certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the CABB.

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