Cocktail bar w/Karaoke & Dj. Type 48 license

Asking Price: $ 325,000 cash
Type of Business: Cocktail bar with Karaoke & Dj. Type 48 ABC license
Location: Orange County
Hours of Operation: Mon- Sat. 2 PM – 2 AM. Sunday 10 AM – 2 AM
Gross Sales: $ 30,000 / mo. avg. Semi absentee run
Adjusted Net Profit: $ up to Buyer
Total Rent: $ 4392
NNN: $ included
Length of Lease: expires 2/28/2022
Options: 5 years + 5 years
Sq. Ft. 2300
Occupancy: 90
Number of Employees:
Full time:         Part-time:
Payroll: $ 20,000
Insurance: $ 660 / mo
Gas: $ below
Electric: $ 855 / mo. combined for all utilities
Water: $ above
Phone: $ 150 , includes internet
Trash: $ above
Internet and TV: above with phone
Cost of goods: N/A
Business description.

Beautiful cocktail bar located in high density area. Newly remodeled in 2017, new walk in , beer coolers, floors, bar beautifully redone. You must see this to appreciate it. Owners are not hands on & this jewel would greatly benefit from an oner operator that is engaged in the day to day operations. They offer Karaoke & DJ there, have video games (vendor) & 3 pool tables, that are included in the sale. Very beautiful remodel. Great opportunity at a great price point. Good lease.

Call for more details.
(714) 366-5498