Spancky’s Bar– Long Established in Corner Downtown Cotati Location

Asking Price$350,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

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Spancky’s Bar– Long Established in Corner Downtown Cotati Location


Asking Price$350,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
This is a fantastic opportunity to take over this great bar on the corner of Old Redwood Highway and La Plaza, right in the heart of downtown Cotati. Spancky’s is a unique bar. Lots of great people, good music and well poured drinks. Scores of thirsty patrons have found their way to this highly visible location over past 40 years. There is live music typically 2 – 3 times a week, often with no cover charge. There is a PA system & A music system that are owned by the bar that come with the sale. There are two pool tables, a shuffleboard table and video game machines that are all owned by the bar and they provide additional income to the owners.

ADDITIONAL DETAILS:
• Located right in beautiful downtown Cotati, next to other shops, retailers, and restaurants.
• The current rent for this 2,600 sq. ft. space (approx.) is $6,000 per month, on a gross basis. The current lease is active until December 2026 & there is a two-year extension that will carry this lease until December 2028.
• Long established for 40 years with 15 years under the current ownership.
• There is plenty of parking available in the downtown parking district.
• The bar is absentee owned and there are currently 8 part-time employees working at this business.
• There is seating for approximately 35 inside the bar and 15 additional seats on the outdoor patio.
• Hours: 3:00pm – 12:00am Mon & Tues, 3:00pm – 2:00am Wed – Sat, 12:00pm – 12:00am on Sundays
• There is approximately $5,000 of saleable inventory that is not included in the purchase price & will be made available to the Buyer to purchase at an additional cost.

PRICE INCLUDES: Trade name, goodwill, furniture, fixtures, equipment, leasehold interest, leasehold improvements, and the ABC Type 48 On-Sale General Public Premises License.
About the Business
Real Estate
Owned or Leased
Leased
Listing Info
ID
2338201
Listing Views
2258

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Business Listed by: Jeff Sacher Santa Rosa Business & Commercial

Listing ID: 2338201 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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