Sports Bar & Billiards In San Fernando Valley For Sale

Business description

Absentee Owner! An Established Sports Bar located in San Fernando Valley is available for sale.7 Days Operation, 5,100 sq. ft. of space @$1.50 per sq. ft., over 256 seats, plenty of parking spaces, 19 years of lease, Clean 48 liquor license without any restriction. Entertainment license, Dance floor license, BMI license, Sesac license, Ascap license. 3 Full Bars, VIP area, Dance floor, Stage, DJ Booth, security Camera System, Sound and lighting Systems, ATM machines and much More… Well Negotiated Lease for Over 19 Years. Other location is forcing the sale. Seller finance for the right buyer!

Property information

Real Estate:

Lease

Lease terms:

Lease Expiration: 2020
Lease Options: 10 yrs.’

Leasehold rent:

$7,800 per annum

Location:

located in San Fernando Valley

Premises details:

7 Days Operation, 5,100 sq. ft. of space @$1.50 per sq. ft., over 256 seats

Size in square feet:

5,100

Other information

Support & training:

4 wks. 30 hrs. /Wk.

Trading hours:

7 Days 3:00PM-2:00AM

Owner financing:

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

Financing available:

Negotiable

Furniture / Fixtures value:

$120,000 (included in the asking price)

Inventory / Stock value:

$18,000