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Listed by:

Vanguard Properties

Fantastic Bar And Restaurant Opportunity For Sale

Pacifica, California, US
Asking Price:
$297,000 Inventory / Stock included
Sales Revenue:
$600,000
Cash Flow:
Undisclosed

Fantastic Bar and Restaurant Opportunity! Long Time Established!

Great New Price!!
Make this yours!!

Very rare opportunity to carry on a long time bar and restaurant or take it forward with a new concept! Very popular long time bar, steak and seafood restaurant. Unbeatable location. Same owners for over 20 years with a warm neighborhood atmosphere that feels like home! This fantastic location is coupled with a Type 47 liquor license, Type 1 hood, extra large walk-in cooler, plenty of storage, a beautiful bar with table service, fireplace, a formal dining room, outdoor seating, out back office with additional storage entertainment license, and private parking lot with easy access. The location is close to restaurants, shopping, 5 hotels, the ocean, freeways and more! Short distance to the Peninsula and San Francisco! The building is 2,500 square feet and the rent and terms are negotiable. Great longtime clientle that would loyally support new owners with the same concept or a new concept

Property Information

Real Estate:

Lease

Lease Terms:

Real Estate: Leased. Building SF: 2,500. Lease Expiration: 8/31/2025. Rent: $5,000 per Month. Lease negotiable; rent and terms are negotiable.

Location:

Pacifica, CA

Premises Details:

Private parking lot plus shared parking, directly off main highway with easy access to freeways. Fireplace in bar area, 18 stools, tables for bar seating, private dining room, outside patio, Type 47 full liquor license, Type 1 hood, and large walk-in cooler. Turn key ready!! Lease negotiable!

Size in square feet:
2,500
Planning Consent:

Type 47 full liquor license, Type 1 hood, entertainment license

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

Extend hours, run promotions, live entertainment (pre-covid karaoke night) social media

Competition / Market:

It's a longtime neighborhood steak and seafood restaurant and bar. Original owners' recipes and delicious food and drinks. One of the three most popular restaurants in the area.

Reasons for selling:

Retiring.

Employees:
8
Years established:
31

Other Information

Support & training:

Upon request.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

A small amount may be negotiable.

Inventory / Stock value:
$50,000 - included in the asking price