Businesses For Sale

Business Type: 
BEER BAR AND RESTAURANT
Location: 
North Orange County
Asking Price: 
$265,000
Listing #: 
PCBB #327
Gross Sales: 
$352,323
Cash Flow: 
$98,565
Summary: 
This Bikini Beer Bar and Restaurant was established in 1974 and has been a neighborhood favorite for a long time. This also is not just your average Beer Bar for the menu has become very popular and the customers love the food. The rent is only $2,515 per month and there are 3 years left on the lease with a 5 year option. In general, this is just a fun place with great bartenders and atmosphere and a real local favorite. The sales in 2013 were $352,323 and sales for the last 12 months, from June 2013-May 2014 were $357,443 while the business continues to grow. The beer and wine sales account for 80% of the sales which add to the profitability of the business. There is an extensive beer selection with state of the art system in place. The bar is also a great place to watch a game and play pool and listen to tunes on the juke box The owner manages the business along with 11 part time employees which include 7 bartenders. If you are seeking a bar and restaurant with great reputation and long successful track record than this should be the calling. General Information: Facilities: The space is 2,000 sq. ft. Rent with CAM is only $2,515 per month. Growth and Expansion: The current sellers have owned the business since 2012 but have made great improvements to the business so a new owner will be walking into a great little business. Support/Training: Training – 7 days Terms: Cash Reason Selling: Re-locating Year Established: 1974