Wednesday, March 9, 2011

Old Sacramento Bar for sale

Old Sacramento Bar for sale

Here is a rare restaurant/bar/club with an entertainment license in the Sacramento area near the water. In 2009 this restaurant/Bar/Club averaged nearly $50,000 a month. The owner is not a club person so there is plenty of upside here for the knowledgable club operator.

This store is selling at a discount to the real value based on the revenue and profits. The reason why is the seller sold this business several years ago at $225,000 and had to take it back from the buyers who operated it for more than 2 years but eventually failed. The owner has no intentions or desires of being in this business and would like to get to the grandchildren in San Diego. For the most part, the owner operates this restaurant on a part-time basis.

The bar and restaurant area is separate from each other. The restaurant is a full service restaurant serving southern spicy foods for 15 years or so. Restaurant sales in 2009 were 52% of sale.

The bar has a feel and look of a jazz/blues club, dark with low ceilings and a large dance floor, D.J. booth, and a live band or live entertainment area for comedy acts.

The kitchen is fully loaded and designed to handle volume. There is a large office spave as well.

There is also a pool table in a separate room. The bar is long and fully load to support high volume business. This is a turn key business ready for the experienced operator to step in and take over the profits. The location has an entertainment permit, but in Sacramento, the buyer must submit a new application which costs about $1,500, but all the hard work of getting it initially approved is done.

The store has 7,400 Sq. Ft. Please select the orange button below to get more information and to contact the selling agent.
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