South Bay Bar – Quintessential Dive Bar

Real Estate

Lease

Leasehold Rent

$68,400 per annum

Premises Details

This venue is comprised of a 1,200 square foot structure including a spacious 400 square foot (approx.) management office that will lease for $4.5k per month, on a new 5 year lease with one 5 year option. The sale includes all of the business’s furniture, fixtures, equipment, and liquor license. An estimated $5k in inventory will be sold at cost at close in addition to purchase price.

Support & Training

Seller will train for 2 weeks at 20hrs per week or as negotiated

Expansion Potential

This absentee run venue can benefit from an onsite working owner-operator with hospitality experience that can provide friendly customer service and ensure strong sales.

Size In Square Feet

1,200

Competition / Market

This bar enjoys a largely local client base comprised of patrons that work or reside in the area, or those who visit a large nearby sporting facility. The venue’s main street throughway and freeway access provide it stellar access and main street visibility – which are further complimented by 2 busy neighboring businesses.

Inventory / Stock Value

$5,000

Reason for Selling

Shift of focus to alternate concepts