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30-year old South Bay Dive Bar

BizEx703-MS

Background

General Location:South Bay, CA
Category: Bars/Taverns
Other Eating & Drinking Places
Years in Business:34
Under Present Owner:34
Hours of Operation:6 am- 2 am
Owner Hours:Varies
Training:2 weeks @ 20 hours
Organization Type:
Lease Expiration:
Lease Options:5 years
Building Size:2,500
Employees:4
Reason for Sale:Retirement

Financials

Asking Price:$225,000
Down Payment:Negotiable
Gross Sales:$310,000
Discretionary Cash Flow:Call
FF&E:
Inventory Included?
Inventory:
Min. Operating Capital:
Real Estate Available?No
Rent:$6,174
Payroll:$2
Financing:Call

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