Bar/Nightclub
- Status: Available
- Price: $469,999
Lida Sadati
- License No:
- DRE #01825510
- Email:
- lida@lbaweb.com
- Office:
- (925) 932-2450
- Mobile:
- (925) 932-2450
Description
High Profit, low rent bar/ Night Club is in sought after cities in Contra Costa County with type 48 license. They are open from 5-12 Monday -Sunday. This approximately 2300 Sq ft location rent is $4653.00 a month. The Utilities is shared with another tenant. 25% gas, 50% electricity, 50% property insurance, 33% garbage, 33% Water. Hours of operation is 5-12 p.m. One full time and two part time employees. Seller Claims the following:
2023 Annual Income was 636,703—Cost of Good Sold $205,620.00 Gross Profit
431,083— Net Income $248,294
2022 Annual Income $618,577.00—cost of Goods Sold—$190,721.00—Gross Profit
$427,856.00 —Net income $258,253.00
Location shown by appointment and after May 25th. The owner is looking to relocate.
Business Information
Ownership Type:
N/A
Year Established:
Year Purchased:
2014
Business Type:
Bar/Nightclub
License(s) Required:
Business, Abc
Hours of Operation:
Mon-Sunday 5 PM-12 AM
Business Relocatable:
No
Business Is A Franchise:
No
Home Based:
No
Broker To Broker CoOp:
No
Office Listing Number:
4396
Date Available:
05/02/2024
Reason For Sale:
Relocating
Financial Information
- Annual Total:
- $519,996
- Revenue:
- Annual Net Income:
- Inventory:
- Monthly Payroll:
- $9,096
Lease Information
- Base Rent:
- $4,653
- Lease Expires:
- 2024
- Lease Option:
- 1X5
- NNN:
Financing Information
- Down Payment:
- Owner Will Carry:
- Other Finance:
- Terms: