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Absentee: Type 48 Bar W/Real Estate + Restaurant For Sale

California, US
Asking Price:
$350,000 (USD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

This Type 48 Bar includes a restaurant but requires no food and includes the real estate. Located a block from a historic downtown area on the path to growth and a major transformation to a popular area for entertainment. The building is approximately 3,500+ sq feet and has a private parking lot and huge outdoor patio area.

The owners had a Very lucrative and profitable business before moving out of the area and turning it over to staff. They lives hours away and rarely come to the location and said it has probably been a year or more since they have been to the space. As the saying goes "while the cats away the mice will play."

They are currently serving no food but the kitchen has a class one hood with Ansel system, six burners and a flat grill and enough room for a fryer or other piece of equipment. The area is crying out for quality food and the addition of even a simple menu could increase sales substantially. The newest bar in the area is kicking ass and often times (even during weekdays) there are no seats available.

There is a 30 foot bar that has 2 wells, 8 "handles", a glass chiller, 7' beer cooler and a 3 compartment sink. There is also a large ice machine capable of producing ice for heavy volume.

Currently there is a large dance floor and a separate area for billiards with 4 tables. Keep one or both or convert to dining.and you could easily seat 100 or more. The space is adaptable to any concept and could be an incredible venue for private party's.

This truly is an incredible opportunity for an owner/operator Especially a working chef owner.

No financial records, books or P&L's will be given but do your own recon and you'll quickly realize this is a steal!

Property Information

Real Estate:

Lease

Business Operation

Trading hours:

Monday - Saturday 2 P.M. to 2 A.M.

Employees:
7
Years established:
2003-Present

Contact Information

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