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Listed by:

Restaurant Realty Company

Broker license number: 01310250

Popular East Bay Pub On Downtown Main Thoroughfare For Sale

Contra Costa County, California - North, US
Asking Price:
$299,900
Sales Revenue:
Available on request
Cash Flow:
Available on request

Popular East Bay Pub on Downtown Main Thoroughfare w/ Full Liquor and Entertainment License

RRC#: 4239
Asking Price: $299,900
Location: Contra Costa County
Annual Revenue: Contact for Info
Annual Cash Flow: Contact for Info
Monthly Rent: $18,288.88 (All Inclusive)
Expiration: 2030 plus Two 5 Year Options

Listing Description:
Sports bar/pub for sale in an excellent location in an affluent, East Bay city along the 680 corridor. The pub was established in 2010, and earned a reputation for being a great place to watch televised Bay Area sporting events. The pub also hosts live entertainment on Friday and Saturday nights. The pub has a front patio and a back patio, and its own fenced-in parking area which has hosted private events in the past.

Prior to the pandemic, this pub was very successful, with average revenue of $1,506,849 for eight of the years prior to the pandemic. A new owner purchased the pub in March of 2020, and the timing of the purchase, combined with the owner’s health challenges, contributed to an under-performing couple of years.

There is tremendous opportunity for a new owner/operator to revitalize the menu, and add a more modern cocktail program – while also leveraging the pub’s reputation as a great place to watch Bay Area Sports and live entertainment. A new owner/operator could capitalize on the advantages this business presents – its location, outdoor space, and multiple licenses – to turn this pub into a revitalized local favorite.

There is an upstairs rental unit with terrace, which could be rented out and generate rental income or could be used as a separate office.

The kitchen is well equipped with type 1 hood, ansul system, walk-in cooler, walk-in freezer, designated walk-in keg cooler, fryers, 4 burners & griddle combo top with 2 ovens below, prep top fridges and much more. The bar is also equipped with a stage and equipment for the live performances. A full equipment list is available upon request.

General Information:
Organization: LLC
Year Established: 2010
Employees: Contact for Info
Reason For Sale: Other Interests

Financial Information:
Monthly Revenue: Contact for Info
Monthly Cash Flow: Contact for Info
Annual Revenue: Contact for Info
Annual Cash Flow: Contact for Info
Annual Payroll: Contact for Info

Facilities:
Square Feet: 3,439
Seating: 76 +/- Inside and 26 +/- Outside
Parking: Street Parking and Public Lots
Days/Hours of Operation: 1pm - 8pm Tuesday - Thursday, 1pm - 1am Friday, Saturday

Property Information

Real Estate:

Lease

Lease Terms:

Monthly Rent: $18,288.88 (All Inclusive)
Expiration: 2030 plus Two 5 Year Options

Location:

Contra Costa County

Premises Details:

Square Feet: 3,439
Seating: 76 +/- Inside and 26 +/- Outside
Parking: Street Parking and Public Lots

Size in square feet:
3,439

Business Operation

Reasons for selling:

Other Interests

Trading hours:

1pm - 8pm Tuesday - Thursday, 1pm - 1am Friday, Saturday

Employees:
Contact for Info
Years established:
2010

Other Information

Support & training:

Yes

Contact Restaurant Realty Company

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