Brea Area Cocktail Bar- Versatile Layout

Real Estate

Lease

Leasehold Rent

$97,000 per annum

Management Type

This business is owner operated.

Premises Details

This 2k square foot venue leases for $5,500 per month on a lease with 3 years remaining and options to be negotiated in a sale. All of the business’s furniture, fixtures, equipment, Type 48 Liquor License and goodwill will be included in the sale. An estimated $5k in liquor inventory will be sold at cost at close.

Support & Training

Seller will train for 1 week at 10 hours per week or as negotiated

Expansion Potential

Its combination of comfortable dive-bar coupled with a karaoke, pool tables, and late-night entertainment appeals to a broad, repeat customer base. New management may drive growth from hosted themed events, an expanded social media presence, or popular local DJs, local influencers or promotors that can draw supplemental crowds. With consistent service, strong branding, and an engaging customer experience, the business is positioned to continue to build on its existing loyal customer base, and stand out as a top local nightlife destination.

Size In Square Feet

2,000

Competition / Market

Nearby competitors include other nightlife spots and cocktail lounges that cater to similar local revelers that are drawn by convenient entertainment offerings, solid drinks, and a welcoming social atmosphere. Competing venues often focus on sporting events that establish a sport-bar oriented atmosphere, while others hope to be considered more upscale lounges. This venue embraces its reputation as a neighborhood favorite dive-bar with an energetic nightlife scene, drink offering, entertainment, and social experiences.

Inventory / Stock Value

$5,000

Reason for Selling

Retirement