Advert Ref: 02366

Neighborhood Bar--Well Established! For Sale

  • Sonoma County, California - North
Asking price:
$220,000
Sales revenue:
Undisclosed
Net profit:
Undisclosed

Photograph of this business for sale

This classic neighborhood bar has a good location, right in the heart of downtown which offers great exposure. The bar is known for having great music, and features an open mic each week, followed by popular live bands on the weekends. If you are looking for a friendly neighborhood bar to call your own, this could be a perfect fit for you!

The bar is nicely equipped and has a bit of something for everyone! It features 8 beers on tap, which are kept nice and cold in the good sized walk in refrigerator. For the sports fans, the bar offers 3 big screen TV's. The pool table is kept busy at all hours of the day and night. All is kept secure with the camera security system. The business owner also owns the real property, and will execute a new lease for the buyer. Starting rent to be a very reasonable $1800/month. The space includes an office area, plenty of storage, and a good sized walk in refrigerator. Inventory of approximately $3500 is not included in the purchase price.

**The real property is also available for sale, and includes a total of 4 rental units, all with leases in place. A new owner may either purchase the property or just the bar and set up a long term lease agreement. **

Contact broker today to schedule a tour of this busy neighborhood bar!

Disclaimer: the information provided here is compiled from information obtained by the seller(s). The broker makes no representation as to its accuracy or reliability. Buyer(s) should rely upon their own verification & that of their financial &/or legal advisors with regard to this information.

Property:
Leasehold
Lease terms:
The business owner also owns the real property, and will execute a new lease for the buyer. Starting rent to be a very reasonable $1800/month. The space includes an office area, plenty of storage, and a good sized walk in refrigerator. **The real property is also available for sale, and includes a total of 4 rental units, all with leases in place. A new owner may either purchase the property or just the bar and set up a long term lease agreement. **
Location:
Great location on busy main street.
Premises details:
Classic Neighborhood Bar with all the trimmings ready for a new owner to 'make it their own!'

Expansion potential:
The owners of this bar live out of the area and are completely absentee owners, paying employees to run it for them. A motivated owner promoting this bar would likely be a great way to expand the business!
Competition / Market:
Limited in the immediate area, giving this bar a nice advantage.
Reasons for selling:
The owners live well outside the area from this bar, and do not have time or inclination to properly attend to it.
Employees:
Manager and 3 PT employees
Years established:
long ago

Support & training:
seller will provide a training period to the new owner.
Furniture / Fixtures value:
Undisclosed
Inventory / Stock value:
$3,500

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