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Listing: Bar 48 ABC, Live Ent. Dancing
Location: Long Beach, CA
Financials
Asking: $540,000
Gross: $660,000
Cash Flow: $186,000
Summary Description
Neat & clean nightclub, long lease, type 48 ABC license, long lease, entertainment permit for live entertainment, patron dancing, pool hall. Turn key business open short hours only. Wed. - Sunday 8 PM - 2 AM. Large stage, dancefloor, DJ booth with light & sound systems, POS tracks sales, full kitchen ( do not need to sell food though), licensed patio, VIIP room, VIP parking, so much more. An experienced operator can make this take off!
General Information
Year Established: 2005
Employees: 2 ft, 4 pt
Facilities: Turn key Clean freestanding nightclub, type 48 ABC license, with full kitchen, entertainment permits for live entertainment, patron dancing, pool hall. Apx 6200 sq. ft, seats 464. Lease has 7 yrs with 5 yrs + 5 yrs in options.Large stage & dance floor, DJ booth with light & sound system, VIP area & parking,surveillance & security systems, POS, licensed patio, much more! open short hours. Located by hi visibility corner
Market Outlook
Competition: Busy area, next to corner, L shaped parcel with ingress & egress from either busy street. Hi visibility. Promoters currently booking different themed live entertainment
Growth and Expansion: Only open from 8 PM - 2 AM. Wed - Sun. Can make a more of a sports bar type location . open @ 11 Am & utilize the kitchen & get an earlier crowd. Does not do the sport stuff there
About the Sale
Financing: submit any offer , price negotiable
Support/Training: As needed at close of escrow
Reason Selling: retiring
4355
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