Local Bar

San Diego, CA (San Diego County)

Interior
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Asking Price: $125,000

Cash Flow: N/A

Gross Revenue: $350,000

EBITDA: N/A

FF&E: $75,000

Inventory: $3,000

Rent: $3,000 /Month

Established: 2018

Local Bar

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Business Description

Owner operater Opportunity

This small bar and restaurant is located in the heart of the thriving Mission Valley neighborhood of San Diego. Located in walking distance of Class A office space, high density residential and hotels this is the only game in town for someone looking for a local watering hole in the immediate area.

With a chef driven menu and a unique offering of beer and wine this bar is enjoying a whopping 5 STARS of yelp! Operating with only a few employees and the simplicity of the menu an owner operator will be able to increase sales and EBITDA with some simple steps which the absentee owner is unable to currently perform. Increasing operating hours, investment in awareness/marketing and catering are only a few opportunities this bar/restaurant has.

This is a perfect opportunity for anyone who ever wanted to own their own "Cheers" bar already enjoying a steady flow of regulars and a "VIP Club" that brings in a recurring revenue stream each month.

Detailed Information

Location:
San Diego, CA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,095
Lease Expiration:
10/1/2023
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
125k invested in a complete remodel. Brand new FF&E only 3 months old there will be $0 additional investment needed. A true turn key operation.
Competition:
Literally the only game in town when it comes to the neighborhood local spot.
Support & Training:
2 Weeks
Reason for Selling:
Absentee owner is pursuing new opportunities
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Business Listed By:
Scott Slater

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