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Iconic Pub - Great Opportunity And Sba Financing For Sale

San Diego, California - South
Asking Price:
$1,054,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,758,144
Cash Flow:
$301,877

This Pub offers a unique high quality menu, libations, authentic furnishings and customer experience. Popular and lively destination for vacationers and business travelers. It is also located in a high density residential area-many loyal local customers!

The venue is highly sought after for dinner and entertainment and frequently "bought out" for corporate and other private functions. It enjoys siignficant goodwill within the community due to the authenticity of the offered experience and high quality of the food, spirits and live entertainment.

Celebrated by AOL Citywide as "One of the Best Bars", recipient of Guinness Gold Standard Award" as well as area "Best of Awards" for food, beverage and entertainment. It has been spotlighted in various magazines, newspapers and other publications. There is significant opportunity for growth and given the size of facility, fantastic location in a rapidly expanding/ growing community, and authenticity of the customer experience, the gross revenues could increase significantly.

New owner(s) will have all the ingredients to enjoy immediate high income and to take this well established, highly regarded and iconic business to new heights.

Consistent annual revenues in the $2M Range. Type 47 Liquor License/Cabaret and Live Music!

SBA Prequalified for Financing!

Property information

Real Estate:

Lease

Location:

Sought after destination location for business travelers and vacationers

Premises Details:

This business was founded in 2001 and has consistently achieved gross revenues in the 2M range. It is a iconic venue offering patrons an authentic ambiance, full service meal options, cultural and traditonal spirits, live entertainment and private or semi-private functions.

Celebrated in the community by AOL Citywide as "One of the Best Bars", recipient of Guinness Gold Standard Award" as well as area "Best of Awards" for food,beverage and entertainment in various magazines, newspapers and other publications.

Type 47 Liquor License/Cabaret and Live Music! SBA Prequalified!!

Business Operation

Expansion Potential:

There is significant opportunity for growth and given the size of facility, fantastic location in a rapidly expanding/ growing community, and authenticity of the customer experience, the gross revenues could increase significantly. This is a unique opportunity for a new owner(s) to enjoy immediate high income and to take this well established, highly regarded and iconic business to new heights.

Competition / Market:

This is a well established business in a sought after destination location for vacationers and business meetings. It is also a cherished venue to local residents. It fills a unique niche for dinner, as a bar and for outstanding entertainment. All these attributes have earned this establishment significant goodwill within the community. This a fantastic opportunity and competitive advantage for any new owner!

Reasons for selling:

other interests

Trading hours:

8am-2am

Employees:
29
Years established:
2001

Other Information

Support & training:

4 weeks

Furniture / Fixtures value:
$571,958 - included in the asking price
Inventory / Stock value:
$55,435 - included in the asking price
Website:
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Listed by

Transworld Business Advisors of San Diego Central

Broker license number: 02005978

Contact Broker

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