Hot Listing

Fantastic Bar and Restaurant Opportunity! Long Time Established!

Asking Price$297,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$600,000

Inventory$50,000
Included in asking price
FF&ENot Disclosed

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Hot Listing

Fantastic Bar and Restaurant Opportunity! Long Time Established!


Asking Price$297,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$600,000

Inventory$50,000
Included in asking price
FF&ENot Disclosed

Business Description
Longtime Bar and Restaurant-47 Liquor License-Must See!
Great New Price!!
Make this yours!!
Very rare opportunity to carry on a long time bar and restaurant or take it forward with a new concept! Very popular long time bar, steak and seafood restaurant. Unbeatable location. Same owners for over 20 years with a warm neighborhood atmosphere that feels like home! This fantastic location is coupled with a Type 47 liquor license, Type 1 hood, extra large walk-in cooler, plenty of storage, a beautiful bar with table service, fireplace, a formal dining room, outdoor seating, out back office with additional storage entertainment license, and private parking lot with easy access. The location is close to restaurants, shopping, 5 hotels, the ocean, freeways and more! Short distance to the Peninsula and San Francisco! The building is 2,500 square feet and the rent and terms are negotiable. Great longtime clientle that would loyally support new owners with the same concept or a new concept. Call today!!
About the Business
Years in Operation
31
Number of Employees
8
Facilities & Assets
Private parking lot plus shared parking, directly off main highway with easy access to freeways. Fireplace in bar area, 18 stools, tables for bar seating, private dinning room, outside patio, Type 47 full liquor license, Type 1 hood, and large walkin cooler.
Turn key ready!!
Lease negotiable!
Market Outlook / Competition
Its a longtime neighborhood steak and seafood restaurant and bar. Original owners recipes and delicious food and drinks. One of the three most popular restaurants in the area.
Opportunities for Growth
Extend hours, run promotions, live entertainment ( pre-covid karaoke night) social media
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,500
Rent
$5,000.00 per month
About the Sale
Seller Motivation
Retiring
Transition Support
Upon request
Financing Options
A small amount may be negotiable.
Listing Info
ID
2150861
Listing Views
8599

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Business Listed by: Cheryl Maloney Vanguard Properties

Listing ID: 2150861 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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