This Temecula Bar and Restaurant with multiple bars boasts stellar freeway access, main street visibility, spacious parking lot, and live entertainment with a new, highly versatile build-out that is allow the venue to simultaneously offer dining and live music in separate spaces. The venue’s unique concept promotes a loyal following and stable customer base that makes the venue the first choice for many onsite special events, and offsite catered activities, while its chef driven menu and extensive craft beer selection, together with the venue’s full entertainment calendar comprised of a variety of bands, DJs, karaoke and other performances keeps patrons coming back for more.
- Asking Price:
- $795,000 Furniture / Fixtures included
- Sales Revenue:
- $1,610,768
- Cash Flow:
- Under $50K
Property Information
- Real Estate:
-
Lease
- Leasehold Rent:
-
$9,800 per annum
- Location:
-
This Temecula Bar and Restaurant with multiple bars boasts stellar freeway access, main street visibility, spacious parking lot, and live entertainment with a new, highly versatile build-out that is allow the venue to simultaneously offer dining and live music in separate spaces. The venue’s unique concept promotes a loyal following and stable customer base that makes the venue the first choice for many onsite special events, and offsite catered activities, while its chef driven menu and extensive craft beer selection, together with the venue’s full entertainment calendar comprised of a variety of bands, DJs, karaoke and other performances keeps patrons coming back for more.
- Premises Details:
-
This 6,700 square foot venue with a capacity for over 300 patrons leases for a $9,800 per month on a long-term lease until 2031 with two 10 year options. All of the business’s furniture, fixtures, equipment and liquor license as well as live entertainment permit will be included in the sale. An estimated $10k in inventory will be sold at cost at close in addition to the purchase price.
Business Operation
- Expansion Potential:
-
New operators of this live entertainment, music and dining venue may maintain the continuously its ever-growing customer-embraced concept, or the facility may be adapted to any number of alternative concepts that capitalize on the versatile build-out and highly flexible space lay-out.
- Competition / Market:
-
Temecula has several bars, restaurants and live music venues in its Old Town district and throughout the greater Temecula – Murrieta corridor, however, few can match this venue’s recent highly versatile, no expense spared build-out and host of entertainment entitlements. As such, together with the location’s attributes, it has a built-in long term sustainable advantage.
- Reasons for selling:
-
Personal
- Employees:
- 20
- Years established:
- 2021
Other Information
- Support & training:
-
Seller will train for 2 weeks at 20 hours per week or as negotiated.
- Furniture / Fixtures value:
- $80,000 - included in the asking price
- Inventory / Stock value:
- $10,000
