Iconic Saloon for sale with Type 48 full liquor license and real property. The saloon has been in operation since the 1800’s and is a West Marin institution that is steeped in history, mystique, and lore. The bar is located on the first-floor corner of a two story building on the bustling main street. There are windows throughout that let in daylight while still maintaining an air of mystery and other worldliness. There are several centerpieces in the saloon:
• A pellet stove is featured in the front of the saloon and patrons gather around it in the winter months for warmth and conviviality.
• The stately bar and intricate, wood bar-back is a deep reminder of the saloon’s wild-west pedigree.
• The back of the saloon is dedicated to the pool hall where patrons have a roomy area to enjoy the game—the saloon is open so that no area feels cut-off from the rest.
• The performance stage is positioned in the middle of the saloon with three sides open so patrons can enjoy the entertainment from every area of the bar.
There are two secured alcohol storage areas with quick access from the bar as well as a dry storage area with an ice machine. There is additional storage in the large basement that is accessed through the office. There are two bathrooms onsite. The premises has a large backyard that could be developed into outdoor seating.
The saloon has struggled to maintain profitably due to Covid and the passing of the bar’s legendary owner Judy Borello in 2022 and list price has been established accordingly. There is a ton of potential and opportunity for the next operator to incorporate the dynamic history with a new vision for success.
The price includes the purchase of the business ($189,000) and the real property ($2.1M). Seller will only consider offers that include the business and real property.
Additional business details:
•The saloon is 2,100 square feet (approx. and unverified) with occupancy for 135 (approx.)
•Sale includes the furniture, fixtures and equipment of the saloon which includes the sound equipment for the live performances
•Saloon was founded in 1800’s and has been in the Seller’s family since 1972. It currently operates 7 days a week from 10:00am-2:00am
• Owner works part-time with 4 part-time employees.
•Inventory is valued at $12,000 (approx.) and is not included in the purchase price
•Premise is licensed with a Type-48-On-Sale General Public Premises and Type-58 Caterer Permit
Price includes: Furniture, fixtures and equipment, covenant not to compete training period, leasehold interest, leasehold improvements, saloon brand name and social media accounts. Some personal items may be excluded from the sale.
Real property is listed with Lynsey Kayser DRE at SVN: MG Property Advisors, Inc. - San Rafael, CA
Brief details on the Real Property: $2,100,000
Iconic property For Sale. Two story Mix-Use commercial building. The first floor is occupied by the Saloon and two retail tenants. The second floor has 10 small units and is 85% occupied by various office users. There is a full basement for additional storage (accessed through the Saloon) and a large storage room with a mezzanine with dedicated access. There are 3-4 dedicated parking spaces and a large backyard that would be ideal for use by the Saloon for outside seating.
Building is approximately 6,341 sqft and the property is zoned Neighborhood Commercial/Mixed Use and Village Commercial Residential
Disclaimer: The information provided here is compiled from information obtained by the Seller(s). The broker makes no representation as to its accuracy or reliability. Buyer(s) should rely upon their own verification and that of their financial and/or legal advisers with regard to this information
