La Puente Sports Bar With Low Rent For Sale

Business description

billiards and hang out in your local neighborhood style tavern. The restaurant is operated entirely absentee and could significantly benefit from working owner or an active manager to increase customer service and expand the current menu offering. This opportunity includes a beer and wine license which does not require the business to serve food, though they do have a small kitchen with a hood. The bar has been priced for a quick sale.

Property information

Real Estate:

Lease

Lease terms:

This facility is approximately 2,000 square feet and leases for a very reasonable $1,950 per month including CAM. The landlord will likely offer a qualified tenant a new long term lease subject to the applicant’s qualification

Location:

This facility is approximately 2,000 square feet and leases for a very reasonable $1,950 per month including CAM. The landlord will likely offer a qualified tenant a new long term lease subject to the applicant’s qualification. The sale includes all of the bar’s furniture, fixtures and equipment, including a small kitchen, beer and wine license and approximately $500 in inventory. The pool tables are owned, however the jukebox and games are on a revenue split with the provider.

Size in square feet:

2,000

Other information

Expansion potential:

The business has a great deal of growth potential. The current owners have not aggressively promoted the business, and have bypassed most conventional advertising methods. A new owner could promote the business via coupon mailers, residential and vehicle menu flyers and event promotions. They may also consider capitalizing on the facility’s kitchen by offering lunch specials, promoting happy hour specials, and expanding the menu offering.

Competition / Market:

Competition is considered low as there are not many other sports bars in the immediate vicinity.

Support & training:

1 wk at 25 hrs

Reasons for selling:

Other Business Ventures

Financing available:

Not Offered

Furniture / Fixtures value:

$15,000 (included in the asking price)

Inventory / Stock value:

$500 (included in the asking price)