Iconic Neighborhood Cocktail Bar Established in 1947

Price: $150,000

Location: Long Beach

Industry: Bar, Pubs and Taverns

Listing ID: 5742 NK

Listing Status: New

Description

AS-IS, ASSET SALE! Rare opportunity to acquire a long-established cocktail bar with nearly 80 years of continuous operation. This iconic neighborhood staple offers an incoming owner an exceptional foundation of goodwill, strong name recognition, and a highly loyal local clientele.

The business operates as a cocktail bar with no food service, providing a straightforward and manageable operation. It is fully equipped and features a pool table, creating a relaxed and welcoming atmosphere for its regular customers.

One of the most attractive features is the exceptionally low monthly rent of only $1,500, with no additional fees. The liquor license has no operating restrictions, offering flexibility for the new owner.

With its remarkable history, loyal customer base, affordable rent, unrestricted license, and fully equipped premises, this is an outstanding turnkey opportunity for an owner-operator or experienced bar professional.
OFFICE ID 5742 NK

LISTING DETAILS

Down Payment: $150,000

Total Sales: N/A

Cash Flow: N/A

EBIT: N/A

EBITDA: N/A

Accounts Receivable: N/A

FFE: N/A

FFE Included: Yes

Inventory: N/A

Operation

Year Established: 1947

Year of last Acquisition: 10

Non-Owner Payroll: N/A

Location

Real Estate: N/A

Monthly Rent: $1,500

Square Footage: 1200

Franchise: No

Summary

Reason For Sale:

Other business interest

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