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For Sale Bar, Grill In Sacramento, California

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Contact: Tricia Bernhardt at 916-482-7979 - Log In To Message/Email This Contact
Last Revised: 9/13/19. Posting #: 246924
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Key Words: cafe, bars, grill, sacramento, convert
Financial Info: Price: $149,000. Down: Call. Adjusted Net: Call. Annual Revenues: Call. Total Rent is approximately $5,467. Lease term is through August 2020, and there is one 5-year option.
Profile: We are pleased to offer this established Bar in the Downtown Sacramento Area.
This Bar is located in a busy area surrounded by office buildings and entertainment venues, but there is also residential nearby which means there are plenty of Happy Hour and nighttime customers. The Bar has a good reputation and has established itself as a favorite with locals. Besides offering craft cocktails and beers, the Bar offers a creative fusion style grill menu that is designed to complement the cocktails and that fits right in with Sacramento's creative dining scene. During the weekdays, the Bar operates mainly a neighborhood Sports Bar & Grill type place with games projected on the many big flat screen TVs, but on weekends it offers dancing, event nights, and occasionally live musical performances.

The space is approx 2315 sq. ft. and it has a compact kitchen with an 8-foot Hood and Ansul system. The Occupancy is approximately 82 inside plus more on a small licensed patio. Total Rent is approximately $5,467 which includes 3 dedicated parking spaces - a premium in the downtown area! Lease term is through August 2020, and there is one 5-year option.

The sale includes a Sacramento County ABC Type 47 Full Liquor License, and the bar has an Entertainment Permit (Buyer to personally qualify if entertainment is continued).

The owners have enjoyed the Bar and being part of the downtown business community, but changes in their family obligations makes the later nights and the unique demands of owning a bar more difficult to manage. The Bar could be ideal for another couple or a family, or a single owner who would act as chef or manager supplemented by staff. This bar could continue with the current concept or it could also be considered for a cost-effective conversion to something new that would benefit from the location!

Interested? Please complete our Confidentiality Agreement/NDA form to request the name and address.
Please see our brokerage page for the NDA form to complete online or send a request through this ad.

Once we receive your Confidentiality Agreement/NDA form, we will send you information with the name and street address and other details.

This is a Confidential Listing so please Do Not Disturb the business. Tours are by appointment only.
We look forward to talking with you about this exciting opportunity!

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Contact: Russell Logan at 703-786-8783, 703-786-8783 (Cell)   Log In To Message/Email This Contributor
Profile: Sugaer is a strategic business advisory firm that helps business owners start and grow great businesses, and exit at maximum value. Our firm works with organizations across the business lifecycle, positioning them to prosper over the long term. Expertise in growth/value building, M&A, due diligence.
Key Words: russell logan, sugaer, business intermediary, mergers and acquisitions intermediary, due diligence, consultant, value building, bakery, cafe
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Contact: Mike Brewer at 800-437-1100   Log In To Message/Email This Contributor
Profile: If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
Key Words: mike brewer, liquor license, liquor licenses, abc, license broker, liquor license brokers
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Contact: Willard Michlin at 805-428-2063   Log In To Message/Email This Contributor
Profile: Willard Michlin is a business broker for 23 years. As a CPA & Certified Fraud Examiner, he works with buyers to get a FREE market valuation as well as full industry & financial due diligence on businesses they are interested in buying. He also offers FREE do-it-yourself due diligence training.
Key Words: willard michlin, due-diligence, due diligence, michlin, kismet
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Contact: Peter Siegel, MBA at 925-701-8064 X313, 925-785-3118 (Cell)   Log In To Message/Email This Contributor
Profile: I founded BizBen and BizBenNetwork to make the process of buying and selling small to mid-sized businesses more efficiently. I currently head up the Facilitator team at BizBenNetwork where we assist BBN Members with connecting with others to facilitate a deal. Thanks for using BizBenNetwork!
Key Words: BizBen, BizBenNetwork, facilitator, advisor, consultant, peter siegel, siegel, bbn
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Profile: Owner sellers begin the process of selling their business with incorrect assumptions derived from a subjective mindset, limiting their ability to properly market to buyers. By understanding the motivations and goals of business buyers better, owners can sell their businesses more quickly.
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Contributor: Jordan Green at 925-701-8064 X314   Log In To Message/Email This Contributor
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Contributor: William Bruce at 251-990-5934   Log In To Message/Email This Contributor
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