Cocktail Bar with type 48 ABC license

Asking Price: $ 385,000
Type of Business: Cocktail Bar with type 48 ABC license
Location: Orange County
Hours of Operation: 11 AM – 2 AM
Gross Sales: $ 450,000 / year
Adjusted Net Profit: $ 108,000 / yr.
Total Rent: $ 3528 / mo
NNN: $ included
Length of Lease: lease expires in 2023, then has options
Options: 5 years + 5 Years
Sq. Ft. 1900
Occupancy:
Number of Employees:
Full time:        Part-time: 6
Payroll: $ 6000 / mo
Insurance: $ 600
Gas: $ 30
Electric: $ 800
Water: $ included
Phone: $ 200 / mo. bundled with internet & TV
Trash: $ included
Internet and TV: see above
Cost of goods: N/A
Business description.

Very established cocktail bar in high traffic area with good street visibility. Lots of regular clientele gives this a great start with a good selection of craft beers & good strong cocktails. REMODELED 2 YEARS AGO. Great North OC Dive bar vibes with good clientele. Lots of room for growth. Semi Absentee run business would be great for an owner operator to take control & bring this to the next level. Includes 2 pool tables. Pool & lotto ( bring in apx $1000 – $1500 / mo.)