printModern Bar & Grill, with Real Estate Included
Liquor Related Biz - Bar/Restaurant
| Status | Active |
|---|---|
| Listing ID | N526-RA |
| Listed Price | $365,000 |
| Down Payment | $365,000 |
| SDE | $62,632 |
| Total Sales | $283,258 |
| Asset Info | |
| Inventory† | $5,000 |
| Furn., Fixtures & Equip.‡ | $66,000 |
| Real Estate† | $215,000 |
| Other Assets† | $79,000 |
|
† Included in price |
|
Reason For Sale
Owner is a business developer
Operations
| Year Established | 2010 |
|---|---|
| Form of Ownership | Corporation |
| Absentee Owner | N |
| Franchise | N |
| Days & Hours | Monday-Sunday |
| Years Owned | 1 |
| Business Age | 2 |
Location
Bakersfield| Type of Location | |
|---|---|
| Lease Expires | |
| Security on Lease | |
| Location Comments |
Executive Summary
Business Description
This is a Modern Bar and Grill with industrial décor, flat screens and entertainment. This location has had a bar for many years. The owners bought the land and business in 2010 and completely renovated both. The sale includes a #48 liquor license. Business is trending upward with ample income for an owner operator.
The seller prefers to sell the land, but will lease. The parcel is 15,000 sf on a high traffic street with plenty of rooftops and surrounding businesses. Sale price includes the real estate valued at $215,000.
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