Neighborhood bar for sale – Alameda County, S.F. Bay Area

Alameda County, CA
BAR
Asking Price:$299,000
Established Year:2023
Rent:$4,500/Month
BUSINESS DESCRIPTION

Neighborhood bar for sale – Alameda County

1848 square foot premise, leased at $4500. base rent monthly – no NNN or CAM.

Current lease term expires in 2028 with option.

Monthly sales are reported to be in the $30,000. Range.

Bar (no food) being run mostly owner-absentee.

This bar was recently refreshed with $70,000.+/- invested on improvements.

Located just minutes from the cities shopping and dining spots and surrounded by 2 and 3 bedroom apartment complexes.

Medium income within a one-mile radius has been reported at $89,000. with the average age being 39.

Owner describes it as “a neighborhood dive-bar. Our clientele is a mixture of older, blue-collar workers during the day and a younger crowd in their 20’s, 30’s and 40’s in the evenings and weekends.”

Type 48 liquor license included.

Some of the fixtures & equipment included; Draft beer cooler, HDTV’s, pool table, POS registers, bill scanner and counter, ID scanner, Karaoke system, security system with cameras.

Please note – as of the posting of this ad the listing agent has not received any financials from the seller.

For the name, address and further details on this turn-key bar, a completed non-disclosure form needs to be on file with the listing agent, available by filling out the form on this page.


DETAILED INFORMATION
Location
Alameda County, CA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,848
Lease Expiration
01/03/2028
Employees
7
Financing
Buyer needs cash. No seller carry-back or SBA financing available at this time.
Reason for Selling
Other business interests
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John
Irvine
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John Irvine