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#Business ID: 14625

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Well Established Bar Restaurant, 47 licence, Business Clients

Business Location: San Diego, California, United States

Asking Price: $ 199,000 Revenue: $ 800,000 Cash Flow: $ 80,000

[Furniture / Fixtures and Inventory / Stock included]

Business Summary

This bar has been an institution for 25 years. Busy
lunch and happy hour crowds pull from surrounding business area.
Professional clientele frequent this sports bar.
Restaurant nets over $80,000 a year on mostly
daytime business. Great opportunity to own a bar but not work
nights, or increase night time business and revenue. The bar has
Large outdoor patio to enjoy San Diego's weather. 47 liquor
license allows outdoor drinking until midnight.
This business has a performance lease, 6.75% of gross sales. For the last several years rent has averaged a little over $1 sq. ft. with NO NNN!!!! Building size 3,800 sq. ft. Lease: 7 years.

Property Details

Size:

3,800 sq. ft.

Years Established:

1987

Property Type:

Lease

FF&E:

$ 75,000

Inventory Value:

$ 10,000

Other Business Details

Competition:

This Bar/Restaurant is attached to a major City Building. Built in customer base from everyone in the building.

Expansion Potential:

The majority of income is from lunch and happy hour. Opportunity to increase revenue by marketing to the night crowd.

Business Operation Details

Employees:

15

Support & Training:

2 weeks.

Miscellaneous Details

Reason For Selling:

Other ventures.

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