Famous Bar, Downtown San Jose

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Call Us:

Boise: (208) 906-0037
Eugene: 541-251-7700
Fresno: (800) 622-0192
Irvine: (714) 987-6147
Los Angeles: (714) 987-6147
Monterey: (831) 372-5888
Pleasant Hill: (925) 609-9100
Rancho Mirage: 800-622-0192
Reno: (775) 825-3948
Sacramento: (916) 678-6777
San Francisco: (415) 227-4411
San Jose: (408) 246-1102
Santa Rosa: (707) 584-6248
Seattle: 425-957-6180
Stockton: (800) 622-0192

Category:
10302 - Bars & Clubs

Location:
Northern California - Northern California

Famous Bar, Downtown San Jose

Business Description:

A Rare Opportunity to Purchase one of the most profitable and Famous Bars located in Downtown San Jose. This business has an amazing location and a very strong following. Successful Turn Key Full Bar. Established over 15 years, this Full Bar with Type 48 ABC Liquor License is highly popular. Friendly Bar Scene with lively customers. Great Books and Records. Owners are selling to retire.


Asking Price: $395,000


Inventory (included):
$5,000

Real Property Available:
No

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Recast Earnings (Not Verified by Business Team)

7 Months Ended

7/31/2020

$153,778
(Sales)

$1,705
(Adjusted Cash Flow)

12 Months Ended

12/31/2019

$859,008
(Sales)

$270,510
(Adjusted Cash Flow)

12 Months Ended

12/31/2018

$860,970
(Sales)

$278,535
(Adjusted Cash Flow)

12 Months Ended

12/31/2017

$858,546
(Sales)

$292,198
(Adjusted Cash Flow)

Operations

# of Employees Full Time Part Time
Non-Owners 0 11
Owners 2 1

Hours of Operation
MON - SUN 4:00 PM to 2:00 AM

Licenses Required:

  • Business
  • Resale
  • Health
  • ABC Type 48

Lease

Monthly Rent Including NNN:
$8,600

Expires:
07/31/2024

Option:
For 5 years

Size(sq.ft.):
2,130

Miscellaneous

Type of Organization:
LLC

Reason for Sale:
Retiring

Training:
2 weeks 20 hours

Contact us About this Listing

Your Name
*Your E-Mail Address (Required)
Your Telephone
Business Team Office Nearest You

Call Us:

Boise: (208) 906-0037
Eugene: 541-251-7700
Fresno: (800) 622-0192
Irvine: (714) 987-6147
Los Angeles: (714) 987-6147
Monterey: (831) 372-5888
Pleasant Hill: (925) 609-9100
Rancho Mirage: 800-622-0192
Reno: (775) 825-3948
Sacramento: (916) 678-6777
San Francisco: (415) 227-4411
San Jose: (408) 246-1102
Santa Rosa: (707) 584-6248
Seattle: 425-957-6180
Stockton: (800) 622-0192

Disclaimer: The information provided herein is compiled from information provided by the seller(s). Business Team (CA BRE 01160661) makes no representation as to its accuracy or reliability. Prospective buyer(s) should rely upon their own verification and that of their financial advisors with respect to this information.