Seller Financing

Asking Price
$199,000
Gross Revenue
$360,000
Cash Flow
Not Disclosed
Overview
Business
Description
Neighborhood bar for sale – Alameda County
1848 square foot premise, leased at $4158. base rent monthly – plus NNN and CAM.
Current lease term expires in 2028 with option.
Monthly sales are reported to be in the $30,000. Range.
Bar (no food) being run mostly owner-absentee.
This bar was recently refreshed with $70,000.+/- invested on improvements.
Located just minutes from the cities shopping and dining spots and surrounded by apartment complexes.
Medium income within a one-mile radius has been reported at $89,000. with the average age being 39.
Owner describes it as “a neighborhood dive-bar. Our clientele is a mixture of older, blue-collar workers during the day and a younger crowd in their 20’s, 30’s and 40’s in the evenings and weekends.”
Type 48 liquor license plus type 58 and 77 included in the asking price.
Some of the fixtures & equipment included, Draft beer cooler, HDTV’s, pool table, POS registers, bill scanner and counter, ID scanner, Karaoke system, security system with cameras.
This bar needs an experienced owner-operator…currently being run as owner-absentee.
For the name, address and further details on this turn-key bar, a completed non-disclosure form needs to be on file with the listing agent, available by filling out the form on this page.
Growth Prospects
Having an experienced owner operator should help.
Sale
Reason for Selling
Owners absentee - other business interests.
Training/Support
Open for discussion during the offer process.
Premises
Facilities
Long established bar with ABC type 48, 77 and 58.
Location
Alameda County, CA
Contact The Seller
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