Profitable Local Bar with B&W 41 License - Mission Valley San Diego

San Diego, CA (San Diego County)

Profitable Local Bar with B&W 41 License - Mission Valley San Diego
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Asking Price: $100,000

Cash Flow: $103,033

Gross Revenue: $340,500

EBITDA: N/A

FF&E: $65,000

Inventory: N/A

Rent: $3,270 /Month

Established: 2018

Profitable Local Bar with B&W 41 License - Mission Valley San Diego

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Business Description

Have you always wanted to own your own "Cheers" bar with a steady flow of regulars, a "VIP Club", buy-outs and catering orders that attract a recurring revenue stream each month? Then, this new modern small bar and restaurant with B&W 41 License is for you! It features clean, stylish build and modern décor. With less than a year in business, the bar has already been profitable for the last months. The current industry veteran and absentee owner has set up the business for high growth and increasing profits by operating with only a few employees, smooth processes and a simple but appealing menu. If you are an owner operator, you only need to follow a few simple steps to accelerate growth and profits. The bar is located in the heart of the thriving Mission Valley neighborhood of San Diego in an apartment complex with 3,300 residences. There are also other apartment complexes and the location has 9,000 to 10,000 residences in close proximity. As it is also within walking distance of Class A office space, high density residential and hotels, this is a unique opportunity in town for someone looking for a local watering hole in the immediate area. With a chef driven menu featuring gourmet tacos, meatballs, appetizers, salads, and a unique offer of and beer & wine and a unique offering of beer and wine, this bar is enjoying a 5 STARS on Yelp! As the owner, you can change the concept or keep this concept and grow the business. Plus, the new owner has the possibility to apply for a 47 License for beer, wine, & distilled spirits or upgrade to a 42 License.

Detailed Information

Location:
San Diego, CA
Real Estate:
Leased
Building SF:
1,090
Lease Expiration:
N/A
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
Two Weeks
Reason for Selling:
Seller has other business ventures
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(from currently available funds)
 
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Christiane Haberl

Business Listed By:
Christiane Haberl

First Choice Business Brokers LA

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Sponsoring Broker:
Adrianna Smith

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