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#Business ID: 12605

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Busy Neighborhood Bar And Restaurant-Long Established

Business Location: Santa Rosa, Sonoma, California, United States

Asking Price: $ 295,000 Revenue: $ 691,105 Cash Flow: not disclosed

Business Summary

This is a popular Neighborhood Bar and Restaurant with a very long history of successful and profitable operation. The long term owner is ready to retire, creating a great opportunity for a new owner to make this Bar their own! This is a Classic Neighborhood Bar, with a good crew of regulars who come for the tasty drinks at reasonable prices, the affordably priced food, and most of all the friendly and welcoming atmosphere. The Business features a large square shaped bar which allows for great exchanges among the customers, adding to the friendly vibe and Cheers -like comparisons! This is a straight-forward cash business which is fairly simple to operate and ready for a new owner to continue building on the established profitability! The Current Owner is semi-absentee, and the business would benefit in many ways from having a more full-time owner/operator to oversee the operations.

The Dining Room comfortably seats 68 and the Bar seats 60 (including tables and bar stools). Very popular location with limited competition in the area. and Excellent visibility with a corner location on a busy main street! The business has plenty of easy parking for customers.

Included with the Sale is an ABC Type 47 Full Liquor License, a Fully Equipped Commercial Kitchen with the stove and deep fryer new as of 2010!. The Bar features 6 Beers on Tap! For extra fun...the Bar offers a Juke Box, Pool Table, 5 TV s and Weekly Karaoke Sessions! Approximately 7500 in inventory is not included in the purchase price.

The Bar occupies a comfortable space which is 2760 square feet (approximate and unmeasured). The rent is very reasonable for the size of the space at 4048/month. The current lease runs through 11/2013, and there is an additional five year option to extend this lease. The landlord will cooperate with a longer term lease if desired.

Property Details

Size:

2760 square feet

Property Type:

Lease

Inventory Value:

$ 7,500

Other Business Details

Competition:

Limited competition in the immediate area gives this bar and restaurant a nice advantage.

Expansion Potential:

Many ways a new owner could expand this business. The current owner works part-time in the business. A new owner who is on-site more hours of the day would find many benefits.

Business Operation Details

Employees:

11

Support & Training:

Seller will provide a training period for the new owner.

Miscellaneous Details

Reason For Selling:

Retirement.

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