Profitable Bar with RE 30% down and owner will carry.48 Liq Lic. | Transworld Business Advisors

Profitable Bar with RE 30% down and owner will carry.48 Liq Lic.

Listing Number: 86808-637080

Description

5 Star Dive Bar and Live Music Venue with Strong Cash Flow!
This bar has been in Palm Desert, CA for many years and has attained almost legendary status. Currently very profitable, there is low hanging fruit to add more sales.
The owner is very flexible and will consider trading for another business, and airplane, or real estate.
Significant owner financing available.
The bar and the building are available separately or together.
Building was recently appraised above asking price.
Owner will carry a significant part of the price as a seller note!
Bar has a CA 48 liquor license allowing sales in public places.

Listing Details

  • Price: $2,625,000
  • Down Payment: $1,375,000
  • Sellers Discretionary Earnings: $198,946
  • Total Sales: $888,510
  • Location: Riverside County, California

  • Inventory: $0
  • FF&E: $0
  • Employees: 8
  • Year Established: 1968
  • Reason for Selling: Changing Careers
  • Category: Liquor Related Biz

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