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San Diego Area Club/Bar w/Hard Liquor & Low Rent

San Diego County, CA

San Diego Area Club/Bar w/Hard Liquor & Low Rent
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Asking Price: $259,999

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 2010

San Diego Area Club/Bar w/Hard Liquor & Low Rent

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Business Description

Local favorite Sand Diego neighborhood bar with full liquor license.

Type 48 license in a small footprint bar with huge potential.

Current owner is not a full-time operator leaving a lot of room to increase the bottom line with a full-time owner working the bar.

Five part time employees run the location currently with occasional owner oversight.

Bar currently offers comedy night, Full DJ booth and DJ and live entertainment with bands.

Designed for large crowds the bar are has two wells and a long counter height bar area for quick serve drinks.

They are doing about 50/50 credit card vs cash sales meaning there is a lot of savings on the cash sales since they don’t have to pay the credit card processing fee on those transactions.

The 48 full liquor license allows for drinks only, so you are not required to offer food.

Current owner is making large deposits into his bank account with this operation. They have a pool table and juke box both adding even more to the owner’s pockets and with those there is zero labor costs or operational costs.

Total monthly expenses, including payroll, rent and alcohol purchases are approximately 13k.

Gross sales range in the 20-25 per month area. There is a lot of money making it to the bottom line here.

They also have a large patio, expanding the seating capacity and giving another great area for customer to hang out..

There is even a large storage/Alley area that is included in the rent where an enterprising owner could co/op with a food truck owner and generate even more supplemental income.

Bar is approximately 1250 square feet with total monthly rent of only $ 1856.

Current lease term expires in March 2022.

If you have been dreaming of owning a bar here is your chance to take over this well-established local favorite.

Close to SDSU with easy freeway access and is just a fun place to be, why not not own it!

Detailed Information

Location:
San Diego County, CA
Employees:
5
Business Website:
http://sellingrestaurants.com/restaurant-for-sale/san-diego-club-for-sale
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Rob Tade

Business Listed By:
Rob Tade

SellingRestaurants.com.

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Sponsoring Broker:
Mel Jones

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