Historical Bar in Downtown Saratoga with Real Estate

Asking Price$250,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

Inventory$2,500
Not included in asking price
FF&ENot Disclosed

Real Estate$1,799,000
Not included in asking price
listing imageSave

Historical Bar in Downtown Saratoga with Real Estate


Asking Price$250,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

Inventory$2,500
Not included in asking price
FF&ENot Disclosed

Real Estate$1,799,000
Not included in asking price
Business Description
This offering for one of the oldest bars in the area is a once in a lifetime opportunity. The details are as follows for the business, information regarding the real estate available as a separate summary.

• Original antique hand carved wood bar back with mirror and refrigeration

• Single well

• 4 tap beer cooler and tap (full asset list will be provided in the business memorandum)

• Newly upgraded electrical panel, HVAC unit, and water heater

• Antique chandeliers located on high wood beam ceilings

• Two bathrooms (not ADA compliant)

• Has former kitchen, extensive upgrades will need to be made to re-introduce, vent still in place

• Back section of building is newer and can be modified or additional floors added

• Historical building in the front, preservation requirements present

• Stand-alone building in line with many restaurants and night life

• Sales cycle is stronger during concert and wedding seasons

• Cash business (records not verified by agent/broker)

• Rough capacity 30 seats between bar, tables and 2 booths, plus a new back-room seating area
About the Business
Years in Operation
55
Number of Employees
2
Facilities & Assets
Carved wood bar and bar back, single well, bar seating, couch and booth areas, new back-room seating.
Market Outlook / Competition
There are no other bars like this in town, one of the oldest in the county.
Opportunities for Growth
Adding a patio, light menu, social media presence, are all possibilities for growth.
Real Estate
Owned or Leased
Owned
Not included in asking price
Building Sq. Ft.
1,918
About the Sale
Seller Motivation
Sellers are retiring
Transition Support
Owner will train
Listing Info
ID
2171786
Listing Views
4792
Attached DocumentsAttachment Disclaimer

SB839 Blind Summary.pdf


Contact Seller

By clicking the button, you agree to BizQuest's Terms of Use and Privacy Notice.

Business Listed by: Brian Bacher Accel Business Advisors

Listing ID: 2171786 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.


Similar Listings
Village Inn
$400,000Village InnFeatured Franchise
WRAP SANDWICH COMPANY
$150,000WRAP SANDWICH COMPANYFeatured Franchise
Philly's Best Cheesesteaks
$250,000Philly's Best CheesesteaksFeatured Franchise
Liquor Store , Santa Clara
$299,000Liquor Store , Santa ClaraSanta Clara, CA
Chocolate Bash
$50,000Chocolate BashFeatured Franchise
Village Inn
$400,000Village InnFeatured Franchise
WRAP SANDWICH COMPANY
$150,000WRAP SANDWICH COMPANYFeatured Franchise