Last Revised: 9/13/19. Posting #: 246924
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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Key Words: BizBen, BizBenNetwork, facilitator, advisor, consultant, peter siegel, siegel, bbn
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