Buy an Irvine Bar With Full Liquor Licence And No Food Requirement For Sale business for sale in Irvine on BusinessesForSale.com

  • Advert ID: 678053
  • (Seller ref: IrvineBar)

Irvine Bar With Full Liquor Licence And No Food Requirement For Sale


Location:
Category:
Asking price:
$199,000 (Furniture / Fixtures included)
Sales revenue:
$316,988
Net profit:
$28,800
Years established:
2004
Employees:
1 Bartender/ 3 PT Sever

No image available

This quaint, yet highly classy Irvine beer and wine bar is poised to become one of Irvine s hottest night spots as it has just received a full liquor license with no food requirement! Located in a high traffic shopping center with major office and condominium complexes within walking distance, all this business needs is a new owner with a fresh concept for a full bar offering. This ideal 1,550 sq. ft. facility is surrounded by complementary neighbors, offers customers plenty of parking, and comes with a lease until 05/09 plus 1 five year option.

The unique bar sale includes a Type 48 liquor license and all of the necessary furniture and equipment necessary to make it Irvine s next hot spot. This tremendous location, which virtually markets itself, will lease for approximately $7,800 per month including CAM, and has an official occupancy for 50 persons but can accommodate more. The facility has a full bar, seating for 50, a 3 station POS system, refrigerators, dishwashers, a convection oven, a managers office, and a liquor/dry storage room.


Expansion potential:
This bar just obtained its full liquor license, yet a concept has not been implemented (nor will be) to take advantage of it. As such, a buyer will already have a steady client base with the expenses covered, while reaping the benefits of taking the venue to the next level. New owners will likely seek to promote the location, refresh its appearance to fit the new concept, and engage in some form of advertising and marketing to ensure maximum profitability.
Competition / Market:
While there are various entertainment venues in Irvine, the classy bar s location and current concept lend themselves to attracting a day time crowd, a happy hour or early evening crowd, or now with the full liquor license late night revelers.
Support & training:
2 eks at 20 hrs/wk
Trading hours:
Mon - Sat 5p - 2a
Inventory / Stock value:
$15,000

For more information about this business for sale, click the Contact Seller button.

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