Beer Bar, Type 42

$154,000

Long Beach

Asking Price: $ 154,000
Type of Business: Beer Bar, Type 42 -544199
Location: Long Beach
Hours of Operation: 7 days 10 AM – 2 AM, as needed
Gross Sales: $ 60000 / mo.+
Adjusted Net Profit: $ 20,000 / mo.+
Total Rent: $ 1750
NNN: $ included
Length of Lease: 5 years
Options: yes
Sq. Ft. 925
Occupancy: 50
Number of Employees: 5
Full time:          Part time:
Payroll: $ 14,544
Insurance: $ 950
Gas: $ with Water & trash
Electric: $ 922
Water: $ 126
Phone: $ 244.7 internet
Trash: $ included
Internet and TV: 237
Cost of goods: 10,236 / mo
Business description.

This small oasis is a cash cow. This is the Sellers’ first bar & they have registered & copyrighted the name, logos, concept which is not included in the sale. Buyer must rename & re brand it. There is instant goodwill, low overhead, in this busy , highly visible bar in a densely populated area, close to the freeway. I know it is small, but it is packed, selling beer & wine. They sell bottles of good champagne, there is an exciting, original Soju menu & a good selection of frosty beers served up the way they should be. Great lease & rent, low operating expenses & a POS system that keeps ringing up the sales track the profit. Honestly a pro can keep the sales where they are, but you have to be on your game. even a smaller reduction in sales & profit, this is a winner for the price. This is a very confidential listing. Control your buyers. Loaded with Union workers & Longshoremen that are regular clientele.

 

Call for more details.
(714) 366-5498