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Historical Bar In Downtown Saratoga With Real Estate For Sale

San Jose, California, US
Asking Price:
$500,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$205,175
Cash Flow:
Available on request

This offering for one of the oldest bars in the area is a once in a lifetime opportunity. The details are as follows for the business, information regarding the real estate on separate summary.

• Original antique hand carved wood bar back with mirror and refrigeration

• Single well

• 4 tap beer cooler and tap (full asset list will be provided in the business memorandum)

• Newly upgraded electrical panel, HVAC unit, and water heater

• Antique chandeliers located on high wood beam ceilings

• Two bathrooms (not ADA compliant)

• Has former kitchen, extensive upgrades will need to be made to re-introduce

• Back section of building is newer and can be modified or additional floors added

• Historical building in the front, preservation requirements present

• Stand-alone building in line with many restaurants and night life

• Sales cycle is stronger during concert and wedding seasons

• Cash business (records not verified by agent/broker)

• Rough capacity 30 seats between bar, tables and 2 booths

For more information, please contact Brian Bacher, 32 years baking industry professional turned business broker at ---.---.---- or email [email protected]
Real Estate Available: Yes
Real Estate Included: Yes

Detailed Information:
Lender Prequalified: No
SBA Prequalified: No

Property Information

Real Estate:

Real Property Included

Size in square feet:
1,918

Business Operation

Reasons for selling:

Sellers are retiring

Employees:
Part Time: 2
Years established:
54

Other Information

Support & training:

Owner will train

Inventory / Stock value:
$2,500 - included in the asking price