Asking Price: $ 595,000
Type of Business: Sports Bar & Grill
Location: Orange County, California
Hours of Operation: Sun – Thur 11am-11pm, Fri & Sat 11am-2am
Gross Sales: $ 110,000 Monthly
Adjusted Net Profit: $ Call Broker
Total Rent: $ 9,000
NNN: $ 2,000
Length of Lease: 7years
Options: 2 plus 5+5 year options
Sq. Ft. 5,550
Number of Employees:
Full time: 5 Part-time: 28
Payroll: $ 30,500 includes payroll tax
Insurance: $ 1,200.00 Monthly
Gas: $ Total Utilities Monthly $4274.
Electric: $ Incl.
Water: $ Incl.
Phone: $ Incl.
Trash: $ Incl.
Internet and TV: Incl.
Cost of goods: N/A
Completely remodeled from top to bottom Sports Bar and Grill. Long bar with about 20 stools. Total fire capacity of 204 persons. Has separate banquet room of approx. 50 people. Full liquor license. Grandfathered in entertainment. Current owner does 2 nights of Karaoke and 2 nights of Live entertainment. Licensing allows for 7 nights entertainment and 7 nights to be open until 2 AM. Full management in place with a GM, a Night Manager, and 2 additional part-time managers which together cover all 7 days per week. Great sports-themed bar with local community tie-ins.
Call for more details.