Profitable Sports Bar And Grill Restaurant
Location:
United States
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California
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Southern California - Los Angeles Area
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Los Angeles
Industry: Bars and Nightclubs > Bars and Pubs
Business Summary
Established successful and popular sports bar / restaurant with an unlimited liquor license with below market lease or Real Estate available. This successful and profitable business has been established since 1928 with a great staff in place and a very loyal regular clients. This popular Bar & Grill is a landmark in the community. 3,960 sq ft building in a prime location on a very busy street with ample parking and occupancy for 99. Pool tables with league nights and Soccer club gatherings generate healthy profits. This bar opens for lunch with a strong happy hour following, steady dinner till 9pm. Local bands are scheduled out for months and bring in lots of customers. The fully equipped Bar/Restaurant for sale has a 47 liquor license, 13 televisions, Stage, pool tables & many video games. The second floor is set up as an office. Fantastic opportunities to grow with a new Owner managing and overseeing the operation. Current owner is absentee.
Financials
Asking Price Range: $250K - $500K
Gross Revenues:
$670,000
Cash Flow:
$120,000
Cash Flow Type: EBITDA
Inventory: $80,000
Seller Financing: Not Disclosed
About The Business
Year Established: 1928
Number of Employees: 10 - 19
Relocatable: No
Franchise: No
Current Real Estate: Owned
Property: Property For Sale
About The Sale
Management Training and Support: 2 weeks included.
Reason For Selling: Owner is retiring.
Click on the "I'm Interested" button above for more information on this Bars and Nightclubs > Bars and Pubs business for sale.
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Print Listing Id: 700107645
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