- Listing ID: 900808
- (Seller ref: 12121SFV)
North San Fernando Valley Lounge Bar For Sale
- Location:
-
- USA
- > Pacific
- > California
- > North San Fernando Valley
- Category:
- Type:
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Summary
- Asking price:
- $439,000
- Sales revenue:
- $385,000
- Cash flow:
- $170,650
- Years established:
- 1,100 s.f.
- Employees:
- 4 FT
Business description
Great Opportunity to invest in well established bar, lounge in North San Fernando Valley. Bar is located on busy street and surrounded by commercial, industrial and residential buildings. Loyal customers enjoy multiple game machines, dart competitions, ambiance and friendly service. 47 Liquor License, adjacent kitchen serving clients 11 am to 2 am. Cash based demographics, in addition to walk-ins, this lounge is located inside well known hotel and hotel’s guests are frequent visitors. Recession proof business, although sales is slightly down, business is profitable. Seller is not working on daily bases at the lounge, working seller who is on top of daily operations will undoubtedly increase the sale. Additional cash revenue comes from game machines and dart board usage. Excellent Lease terms and very easy lease payments.
Property information
- Real Estate:
- Lease
- Size in square feet:
- 1,100 s.f.
Other information
- Support & training:
- 2 weeks at 20 hours per week following close of escrow
- Reasons for selling:
- Retire
- Trading hours:
- Monday - Sunday
- Inventory / Stock value:
- $32,000
Contact the seller
For more information about this business for sale, click the Contact Seller button.
Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.
need to search again?
- USA
- > Pacific
- > California
- > North San Fernando Valley
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