Bar & Grill combined with Banquet Room Entertainment

Asking Price: $ 225,000
Type of Business: Bar & Grill combined with Banquet Room Entertainment
Location: Orange County
Hours of Operation: Mon thru 3:00pm to 9:00pm Fri.- 11:am to 10:00 Sat: 3-10- Sun.3-9:00
Gross Sales: $ 65,000 Approximately
Adjusted Net Profit: $ 9,000 Approximately (Post Covid)
Total Rent: $ 7,500 – 47 License plus Entertainment Sat. & Sun
NNN: $
Length of Lease: 11/2021
Options: Two 5year Options
Sq. Ft. 6,600
Occupancy: 271
Number of Employees:
Full time:       Part time: 10
Payroll: $ 15,000
Insurance: $ 1,000
Gas: $ 300
Electric: $ 1,300
Water: $ 90.00
Phone: $ 300
Trash: $ Incl.
Internet and TV:
Cost of goods: N/A

Beautiful Bar & Grill 1 block from the 55 Freeway. The restaurant is just been renovated in the bast 2 years. Seller spent $250,000 creating a quality atmosphere. The location has a Banquet Room that seats 100. It is great for weddings, anniversaries, and professional & social events. They also do catering for weddings, and award ceremonies. On Saturday and Sunday they have three shows, that are Magic oriented with adults at $35.00 and children at $23.00. This could make for a fantastic Sports Bar with lots of TV’s. The kitchen is large and chicken and ribs and desserts are specialty items.