Bar, Live entertainment, Fusion

$170,000

San Bernardino County

Asking Price: $ 170,000

Type of Business: Restaurant – Night Club with live music, dancing & 2 bars
Location: Ontario
Hours of Operation: WEEKDAYS 1 PM – 10 PM, WEEKENDS 1 PM – 2 AM
Gross Sales: $ ASSET SALE
Adjusted Net Profit: $ ASSET SALE
Total Rent: $ 10,000
NNN: $ INCLUDED IN RENT UNTIL JUNE 2019
Length of Lease: JUNE 2019
Options: Approx.: 5 + 5 years
Sq. Ft. 9,000
Occupancy: 349 INSIDE, 60 ON PATIOS
Number of Employees:  213
Full time: .  0                  Part time: .  13
Payroll: $ 10,000
Insurance: $ 3,800 year
Gas: 350
Electric: $ 1500 – 1800
Water: $ 1,050
Phone: $ 575, INCLUDES INTERNET
Trash: $ included in rent
Internet and TV: included above
Cost of goods: N/A

Business Description

 

This is a freestanding gorgeous bar with Type 47 & 58 ABC licenses, has a grill, with live entertainment & patron dancing permits. no restrictions on this grandfathered license. Rental increase of $1000 every 5 year option. Very nice looking club with 3 licensed patios, 3 dance floors & stage for the band. New lighting & sound system & lots of new kitchen equipment. This is a gem that needs good ownership & management. Just off the freeway, surrounded with apartments, residential, new businesses with good demographics in a busy area across the street from a movie complex & new shopping areas. The bar has 6 large flat screen tvs , new Revel I-pad POS system. There are 4 main dining areas, 1 used for private parties with a second bar That has a full stage and dance floor view. 2 bars keep the clients quenched. once you enter past the ticket window, you enter a large comfortable foyer area with stone walls & a large stone fireplace with cozy seating allow for those wanting to meet with that special someone for alone time. This is a nice place that an experienced operator will do great here with a solid concept & the huge kitchen keeps the tummies full! Apx 9000 sq. ft, with 349-person capacity & a good lease rate with a fixed increase every 5-year option period.

 

Call for more details.

(714) 366-5498