Cocktail Bar With Low Rent In Fullerton Reduced For Sale

Business description

Latino cocktail bar with type 48 license in a busy area with lots of industrial in the area. Great location includes 2 pool tables. Apx 3000 sq ft, rent is only $2200 / mo, including CAM. 7 years on lease. Can keep or change the concept, Makes a great dive bar!Includes 2 pool tables. Current owner is not capitalizing on the many businesses in the area. Great place to keep or change the concept.

Property information

Real Estate:

Lease

Lease terms:

this is apx. 3000 sq ft, rent is only $2200 / mo. includes the CAM & NNN. It has fixed annual increases of only $100 / year. options may be available.

Leasehold rent:

$26,400 per annum

Location:

This established bar is located just off a major street & has much commercial & industrial in the immediate area that is not being marketed to. Corner center. Apx 3000 sq ft unit with low rent of only $2200 / mo.including CAM

Premises details:

Latino cocktail bar with type 48 license in a busy area with lots of industrial in the area. Great location includes 2 pool tables. Apx 3000 sq ft, rent is only $2200 / mo, including CAM. 7 years on lease. Can keep or change the concept, Makes a great dive bar!Includes 2 pool tables. Current owner is not capitalizing on the many businesses in the area. Great place to keep or change the concept.

Size in square feet:

3,000

Business Operation

Expansion potential:

Market & tap into the many businesses in the area. You can keep the Latino concept or change it to a nice sports bar, bikini bar or a great dive bar.

Competition / Market:

none in the area

Reasons for selling:

There are serious family issues.

Trading hours:

open 7 days / week. noon until 2 AM. Seller says you can open earlier if you want to.

Employees:

6 full time & 6 part time.

Years established:

many years ago. This owner has been here since 2008

Other information

Support & training:

2 weeks free training at close of escrow.

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Seller may carry a note, submit an offer today!

Furniture / Fixtures value:

$30,000 (included in the asking price)

Inventory / Stock value:

$1,500

Related documents:

• 
• Business Overview