Beer and wine bar

$140,000

Torrance

Asking Price: $ 140,000
Type of Business: Beer and wine bar
Location: Torrance
Hours of Operation: 11am – 2am
Gross Sales: $ 11,000 avg.
Adjusted Net Profit: $ 3,000
Total Rent: $ 2,700
NNN: $ included
Length of Lease: 4yr
Options: 5yr
Sq. Ft. 1,348
Occupancy: 80
Number of Employees:
Full time:  1        Part time:  3
Payroll: $ 3,200
Insurance: $ 250
Gas: $ 36
Electric: $ 300
Water: $ 40
Phone: $ 95
Trash: $ included
Internet and TV: 200
Cost of goods: N/A
Business description.

Classic local dive bar on major boulevard in Torrance. 7 tap system, walk in cooler for kegs. Good parking and visibility in area becoming known for breweries and craft beer. Pool tables and games split 50/50. This space has been a bar since the center was built in the 70’s. Cheap rent and minimal other expenses makes this bar easy to run and a good starting place for a tap room playing off the local breweries. Although very clean and well taken care of, nothing has been changed here in decades leaving plenty of room for improvement. The bar has been used as a set for two movies as it has a very authentic tavern look inside. Owner is open to all offers, upcoming retirement from another full time job motivates the sale.

Call for more details.
(714) 366-5498