New BizEx Business For Sale: 30-year old South Bay Dive Bar

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September 29, 2013 by Mina Singson-Brightman

New BizEx Business For Sale: 30-year old South Bay Dive Bar



Mina Singson just launched a new listing: https://www.bizex.net/listing/703

30-year old South Bay Dive Bar Asking: $225,000 * Gross: $310,000 * Net: $0

First time on the market in 34 years! This is a hole in the wall dive bar, frequented by locals. Has 3 pool tables, juke box, full kitchen with hood. Plenty of onsite free parking.

Ample size at 2500 SF. This business has not yet reached its full potential. Owner is not selling food to patrons, but only hard liquor and beer. Alcohol sales alone was already at $300,000 in 2012. The small restaurant space, which is part of this property, is currently sub-leased. New owner can take over this kitchen space too and sell fresh cooked food to bar customers to dramatically increase sales.

Asset includes ABC liquor license and vending machine permit.

A family-owned business since it was built. Owner wishes to retire.

Call now for more information Mina Singson (Restaurant/Bar Broker) 310-882-2200 x 125 or msingson@bizex.net. For faster response please register and complete non-disclosure agreement at www.bizex.net.

Mina Singson Email: msingson@bizex.net Office: (310) 882-2200 ext 125 Blog: https://www.bizex.net/blog Web: https://www.bizex.net/business-broker/mina-singson

BizEx.net | Lic# 01484102 | 4551 Glencoe Ave., Suite 210, Marina del Rey, CA 90292 | Phone: (310) 882-2200 | Toll-Free: (888) 60-BIZEX | Fax: (310) 882-2201 | Web: www.BizEx.net

Businesses for Sale



Broker Information



Mina Singson-Brightman

4551 Glencoe Ave., Suite 210
Marina Del Rey, CA 90292
Office: (808) 797-3067 ext 125
Direct: (310) 734-6769
Lic#: 01866495

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Logos Member of the California Association of Business Brokers Member of the International Business Brokers Association Member of the M&A Source Holder of the Merger & Acquisition Master Intermediary designation, M&A Source's highest qualification Holder of the Certified Business Intermediary designation, IBBA's highest qualification Holder of the Certified M&A Professional designation from Coles College Trained by the National Association of Certified Valuators and Analysts to conduct business valuations