$0 upfront Purchase – Fully Functioning 7,000 sq ft
| Asking Price: | $1 |
| Rent: | $23,000/Month |
| Gross Revenue: | $2,700,000 |
| Established Year: | 2018 |
$0 upfront Purchase – Fully Functioning 7,000 sq ft Bar, Restaurant & Club – Sacramento Metro Area
RRC# 4664
Location: Sacramento Metro Area
Description:
Inherit the $1.5mm in long term bank debt, pay a Landlord Security deposit, Escrow closing costs and take over this establishment with $2.7mm in 2023 sales revenues with original build out costs of $2.5mm. Sale includes 2 Bars both with ABC Type 47 hard liquor licenses, a fully equipped kitchen, full entertainment and dance permit, complete Audio-Visual system, and a 500+ capacity.
This is a highly confidential listing and only after a conversation with the Broker concerning a Buyer’s experience, financial qualifications & future vision will the name and address be divulged. No Tire Kickers please!
To receive more information and discuss this opportunity with the broker along with the broker’s connections for a long-term SBA loan solution, please complete the ‘Non-Disclosure Agreement’ on our website. We’ll also send you the Broker's direct contact information so you can discuss this opportunity in more detail.
Financial Information:
Monthly Revenue: $225,000
Monthly Cash Flow: Contact for Info
Annual Revenue: $2,700,000
Annual Cash Flow: Contact for Info
General Info:
Ownership: LLC
Established: 2018
Current Owner: 2018
Employees: 25
Reason For Sale: Consolidating
Monthly Rent: $23,000 Inc NNN
Expiration: 2027 plus 10 year option to renew
Facilities:
Square Feet: 7,200 + small patio
Seating: 500 Capacity
Parking: Parking Structure
Licenses: ABC Type 47 & 58, Health Permit, Business License
Days/Hours of Operation: Thursday - Sunday
