48 Bar with Kitchen, Event Permit, Real Estate Included
Asking Price: $1,325,000
Gross Sales: $2,300
Summary of Business
Local bar with huge potential. Business is being sold with the property. Business assets are underutilized. 48 Bar with event license permit. The owner does not advertise and for years has relied on local patrons. This is a stand-alone building in an industrial area. Corner location with good visibility. Ample parking and close to the freeway. The bar has been in business for over 30 years. The current owner has operated the business for 15 years. Business is being sold with the property. The bar has a kitchen that is not being used. On busy days or weekends, they have a lunch truck that provides food to customers. Being in an industrial area with its own parking makes it an excellent location to hold events. Open layout with multiple pool tables and games. Pool tables, games, and jukebox provide approximately $2,000 per month in extra profit. Very little competition. Only 2 bars and both are almost 1 mile away. 48 License and 77 - Event Permit.
Reason for Sale: Retired