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Imperial Beach

  • Listing No.: 106-15426

  • Category: Bar/Liquor, Land w/ Building

Asking Price $320,000.00
Down Payment
Gross Revenue $671,485.00
Total Adjusted Net Income $120,311.00
Equipment / Fixtures $100,000.00
Year Established 1988
General Location Imperial Beach
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Located on a very busy street, this bar and grill has been in operation for over 30 years with a devoted customer base. This bar includes an ABC type 47 License, fully equipped kitchen with excellent menu, and is a free standing structure with a large parking lot. Great investment for an owner operator who wants a cash flow business and potentially to own the real estate that will increase in value. Seller wants to retire. 5 yr lease $6,000/month + 5 year option. Option to purchase real estate itself at one million dollars. 

Gross Revenue $671,485.00 Listed Price $320,000.00
Total Income $120,311.00 Down Payment
Base Rent Square Feet 2000
Total Rent $6,000.00 Lease Expiration
Rent Deposit $6,000.00 Lease Options
Inventory Not Included Leasehold Improvements $125,000
Equipment / Fixtures $100,000.00 Other Assets ABC 47 License
Full-Time Employees Training Period 2 Weeks
Part-Time Employees 10 Special License Required ABC 47 License
Contract Staff Reason for Selling Retirement

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.