• Listing ID: 1200049
  • (Seller ref: 2467)

Cocktail Bar With Low Rent In Fullerton Reduced For Sale


Price Reduced

Location:
Category:
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Type:

Asking price:
$175,000 (Furniture / Fixtures included)
Sales revenue:
$360,000
Cash flow:
$120,000
Years established:
many years ago. This owner has been here since 2008
Employees:
6 full time & 6 part time.

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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.


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

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
Support & training:
2 weeks free training at close of escrow.
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.
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:

For more information about this business for sale, click the Contact Seller button.


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