Bar With 48 License In Orange County For Sale

Business description

There are very few bar/tavern 48 licensed businesses on the market today, but it is certainly a high demand business. In this case, there are not many that can match the features of this local neighborhood Bar which has been operating for 35 years in North Orange County. The full cocktail bar is complete with 8 draft beers and room for 80 patrons in this 2,000 sq. ft location. There are six -43” HD Flat Screens TV’s and Direct TV with the NFL Ticket as well as a Jukebox, two - Pool Tables, three Dart-Boards, & two Beer Pong Tables. There are Pool Leagues and Dart Leagues two nights a week and Karaoke with DJ on Friday and Saturday night and Comedy on Sunday Night. There is also a Stage area for entertainment and the bar also has a Surveillance System with 9 cameras, inside and out. The current owner only works about 10 hours per week so it is basically operated absentee. The 5 part-time employees do a great job in managing the business and it is a fun local neighborhood favorite and very clean inside and out. The rent with CAM is only $2,754 with a long term lease in place. If you are familiar with 48 licensed bars/taverns then you understand the dynamics of this business and the huge upside.

Property information

Location:

North Orange County is strip center with parking

Premises details:

Located on a very busy street with excellent visibility. Lease is good through Feb. 2019 with a 5 year option

Size in square feet:

2,000

Other information

Expansion potential:

There is a huge upside for a hands on operator considering the owner is only working 10 hours per week. A new owner can grow the already very profitable business by adding more to the pool and dart leagues and feature more specials and events.

Support & training:

The seller will offer training

Reasons for selling:

Re-locating

Trading hours:

Open 7 days

Inventory / Stock value:

$10,000