Business Details

Tavern on a busy street, corner location. Type 42 ABC license

Location : Los Angeles County

Type of Business : Tavern on a busy street, corner location. Type 42 ABC license

Asking Price : $395000 Plus Inventory, Approximately $5,000
Inventory : $4000

Summary of Business

Neat Clean beer bar ( & SOJU) on a very busy corner on a main street. Great visibility with lot & street parking in this high-density location close to the water & shipyards. Multiple TVs for sports & entertainment, as well as a great sound system. A favorite of locals ( lots of longshoremen) & visitors alike come for the cold beer, chill conversation & enticing bartenders. Name & concept is NOT INCLUDED IN THE SALE. Currently is closed down, but was still experiencing growth year over year. An experienced owner may be able to upgrade the license, with city & ABC approval, to a type 48 full liquor license.

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Other Details

No Data Available.

Income

Gross Yearly Sales: $$ 460,000 / yr
Adjusted Yearly Net Profit: $$ 190,000

Rent

Total Rent: $$ 1800
NNN: $N/A
Length of Lease: 2 years apx
Options: 0
Sq. Ft: 650
Occupancy: 45

Employees

Number of Employees: N/A
Full time: N/A
Part time: 8
Hours of Operation: 11 AM – 2 AM. Currently closed Hours Worked by Owner: N/A Payroll: $ $ 4600

Expenses

Insurance: $ N/A per year
Gas: $ N/A
Electric: $ $ 550
Water: $ included with electric
Phone: $ $ 375 with internet & cable
Trash: $ $ 231
Internet and TV: above
Cost of Goods: $ N/A
Any other expenses: $ N/A

Additional Details


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