Business Details

48 Bar with Kitchen, Event Permit, Real Estate Included

Location : Inland Empire

Type of Business : 48 Bar with Kitchen, Event Permit, Real Estate Included

Asking Price: $1,325,000
Inventory: $5,000

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.

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Other Details

Reason for Sale: Retired


Gross Yearly Sales: $2,300
Adjusted Yearly Net Profit: $72,000


Options: 0
Sq. Ft: 2,300


Number of Employees: 6
Full time: 4
Part time: 2
Hours of Operation: 11:00 AM - 2:00 AM Payroll: $1000 weekly


Insurance: $89,100 per year
Water: $20
Trash: $98
Internet and TV: $291

Additional Details

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