Cocktail Bar Food, Established Since 1932

Price: $395,000

Location: Los Angeles County

Industry: Bar, Pubs and Taverns

Listing ID: 01985483 NK

Listing Status: New

Description

Cocktail Bar with food, with permitted patio well known in the community for 92 years!
Free standing building with ample parking, Can have live entertainment ( buyer to verify).
High visibility at the cross section of 2 major streets
Has 20 tap beer blizzard system with a large fixed bar.
Closes at 8 pm, can stay open til late hours.
High volume, limited bar competition in the area

LISTING DETAILS

Down Payment: $395,000

Total Sales: $1,200,000

Cash Flow: $96,000

EBIT: N/A

EBITDA: N/A

Accounts Receivable: N/A

FFE: N/A

Inventory: $15,000

Inventory Included: No

Operation

Year Established: 1932

Days & Hours of Operation: open 7 days 8am til 8pm

Owner Hours Per Week: Part Time

Non-Owner Payroll: N/A

Employees: 15

Absentee Owner: No

Location

Real Estate: N/A

Monthly Rent: $9,750

Type of Location: Free Standing

Square Footage: 3250

Relocatable: No

Summary

Reason For Sale:

Retire

For more information on this listing, please complete our Non-Disclosure Agreement
LISTING OWNER