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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
  • Listing No: 4396
  • Status: Available
  • Area: Contra Costa County
  • Price: $469,999

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:

Contact Us

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