Location: Riverside County, CA
Industry: Bar, Pubs and Taverns
Listing ID: 01995399NK
Listing Status: New
Listing ID - 01985399NK
Established Cocktail Bar with a 23-year track record under the same ownership.
This establishment exclusively focuses on beverages and does not offer food service, with no license restrictions. Additional income streams come from five well-maintained pool tables, all included in the purchase price.
Benefiting from limited competition in the area, this bar enjoys a strong reputation and a loyal following within the community. Its prime location on a major thoroughfare boasts ample parking space for patrons.
The bar is spacious, accommodating up to 290 guests, and features numerous televisions for sports enthusiasts to enjoy various events. For those who prefer an outdoor experience, there's a delightful patio area for patrons to unwind.
This business is impeccably maintained, demonstrating a high level of cleanliness and overall presentation.
The current owners work only two days per week, allowing potential buyers to take the reins of this well-established and smoothly operating business.
Down Payment: $600,000
Total Sales: $1,400,000
Cash Flow: $275,000
Accounts Receivable: N/A
Inventory Included: No
Year Established: 1998
Owner Hours Per Week: 2 Days Per Week
Non-Owner Payroll: N/A
Absentee Owner: No
Real Estate: N/A
Monthly Rent: $7,872
Type of Location: Shopping Center
Square Footage: 5100
Reason For Sale: Retire