Last Revised: 9/11/19. Posting #: 244701
Key Words: bars, cocktail bar, san leandro, alameda
Financial Info: Price: $299,000. Down: Call. Adjusted Net: Call. Rent: $4,200/month (Including NNN). Lease: 5.5 Years + 2 Year Option. Gross Sales: $55,000/month. Financing: All Cash, SBA Possible.
Profile: Is one of the oldest bars in San Leandro. Opened in 1947 and in 1949 moved to the famous first shopping center in California. Is a thriving downtown destination for locals and out of towners. It is surrounded by many businesses, restaurants, and residential housing. The Plaza provides ample parking for customers. Is well kept, and very clean. A fun evening and weekend hang out spot to enjoy playing pool, darts, watching TV, and listing to the electric juke-box. Great venue for parties, corporate gatherings, private events.
Equipment: Beer Fridge, Beer Cooling Fridge, Beer Key Fridge, Condiment Fridge, Beer Dispensing System, Soft Drink Dispensing System, Ice Maker Machine, Juke Box w/ Speakers, 40 Inch & 75 Inch Flat Screen TV, Security Cameras & Monitor, POS System, Tables, Chairs, and Much More. A full list of equipment is available with the Listing Broker.
Organization: LLC | Total Unit: Licenses Required: City Business License, Health Permit, SBOE, ABC Type-48 (Included & Transferable) | Hours: Daily: 10am - 2am | Reason for Sale: Other Business Interests.
Rent: $4,200/month (Including NNN). Lease: 5.5 Years + 2 Year Option.
Gross Sales: $55,000/month
All Cash| SBA Possible
For more details, please complete, sign and return the NDA (Confidentiality Agreement).
We obtain the information in this marketing package from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty and representation about it. It is submitted to the possibility of errors, omissions, change of price, rental or other conditions, prior to sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the business & Property. You and your tax or legal advisers should conduct your own investigation of property and transaction.
Professional Resources & Contacts To Help You Close Your Deal!
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
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
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
View All Related Resources & Advisors For This Posting
Profile: Over 20 years experience of local governmental requirements, such as Police Departments, Zoning / Planning Departments, and ABC District Offices, my company Liquor Licenses of San Francisco Bay Area, CA is very qualified to resolve all of your concerns during the liquor license transfer process.
Key Words: jim saxton, restaurant, restaurants, bar, bars, liquor license, liquor licenses, type 48, type 47
Blogs, Articles, Interviews, & Events That Will Help You Sell Or Buy
Profile: It is every buyer’s dream to purchase an absentee owner business that allows them to collect a sizable paycheck without requiring any work. Is this a realistic expectation for business buyers? Is there such thing as 100% absentee business ownership? Jordan Green explores this popular topic.
Key Words: absentee, absentee owner, absentee ownership, semi-absentee, business owner, jordan green
Profile: In this BBN Podcast Episode, Mike, a seasoned business buyer & BizBenNetwork member, discusses his recent search with BBN Facilitator Peter Siegel, MBA. In this online interview, he discusses his past experiences dealing with brokers and business sellers and offers helpful advice to fellow buyers.
Key Words: podcast, buyer, business buyer, mike, buying a business
Profile: In most business transactions, the seller compensates their business broker upon the successful sale of their business. The fees/commission are specified in the listing agreement, including the amount, who pays it, when it's paid, and the expectations of the broker. BBN's Jordan Green explains.
Key Words: broker, brokers, business broker, business brokers, broker fee, escrow, listing contract, negotiation, business for sale listing, up-front fees, broker cooperation, brokerage, seller, business owner, jordan green
View Related Blog Posts For This Posting
Profile: When the time comes to sell your business, having a team of experienced professionals to represent you can make all the difference in the world as you work to successfully complete a business transaction. Jordan Green shares tips for hiring your most important professional, a business broker.
Key Words: selling a business, sellers, brokers, business brokers, seller representation, jordan green
Related Discussions For This Posting
Comments & Replies: 11 Topics: advertising, buying a business, for sale by owner, non disclosures, selling a business
Profile: Recently a business owner asked me on the phone, "Why do you keep the sale of a business confidential? How do you keep the sale confidential - any good tips?" Multiple BBN Members weigh in on this topic and give some very good reasons why confidentiality is so important to both sellers and buyers.
Key Words: nda, confidentiality agreement, non disclosure agreement, confidentiality, confidential
Comments & Replies: 1 Topics: business valuation, buying a business, due diligence, for sale by owner, selling a business
Profile: How do you get an accurate valuation on an auto repair business? While advising several sellers and buyers of auto repair shops, several key factors seem to keep working in the value equation of the auto repair businesses being purchased or sold. BBN Manager Spencer Siegel leads this discussion.
Key Words: spencer siegel, auto, auto repair, transmission, auto repair shops
View All Discussions
Comments & Replies: 11 Topics: business brokers, buying a business, pocket listings
Profile: I am often asked these questions by business buyers: “It seems as though brokers/agents have a tough time returning phone calls. Why do they make it so difficult to get information & return a call? What should I be doing so that they return my calls and emails?” BBN Members discuss this hot topic.
Key Words: brokers, business brokers, buying a business, business broker, agent