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#2358
San Francisco East Bay Restaurants For Sale

Sports Bar in Prime Concord Location

$80,000
Sports Bar in Prime Concord Location
This Listing is Expired
Sports Bar that has been around for many years with a current local loyal patronage. The bar has lots of potential, currently running at 60% of its potential with 2 pool tables 3 flat screens.

Located on the Corner of major intersection with thousands of cars driving by daily, near food, shopping, transportation and freeway this is a great location for your sports bar concept.

It currently offers sporting events, shooting pool, video games and a cozy low-key setting. There's room to build a grill area for Bar Food.

A high selling point for this bar is that it is surrounded by main streets and apartment buildings, so clientèle would be unlimited.

Easy lease terms and plenty of parking.

Hinds Realty Group Listing
Broker Marcus Hinds

Lease

Region:
San Francisco East Bay Restaurants For Sale
Lease Term:
Expires April 14 2014
Total Monthly Rent:
$2,735

Financials

Last Year's Annual Gross:
$75,000
Last Year's Owner's Cash Flow:
$48,000

Operations

Liquor License:
42
# of Part-Time Employees:
2
# of Family Employees:
1
Hours Open:
11:00AM - 12:00PM
Year Established:
1958

Facilities

Indoor Seating:
50
# of Parking Spots:
20
Inside Sq. Ft.:
2,000
Outside Sq. Ft.:
80

Highlights

  • Awesome Location for building future business
  • Needs hard alcohol license and Bar Food to double revenue
  • Located with thousand of apartment buildings within walking distance
  • Owner/Absentee owner operated currently
  • Room to customize interior
  • Needs energetic new owner to build the business up
  • Business has suffered because of lack of advertising money
  • New Owner should have money to buy Type 47 to make this work

Financing

Will SBA Finance:
Yes
Will Seller Lend To Buyer:
Yes
Seller Carryback of Purchase Price:
20%%

Demographics

Population 1-mi. 3-mi. 5-mi
2014 Total Population 39,768 58,872 120,452
Households 1-mi. 3-mi. 5-mi
2010 Number Of Households 12,494 19,177 43,179
2010 Persons Per Household 2.95 2.87 2.65
Median House Value $249,400 $279,928 $386,773
Income Per Household $47,313 $55,385 $66,043
Businesses 1-mi. 3-mi. 5-mi
2009 Number Of Businesses 1,896 2,166 3,654
2012 Number Of Employees 80,940 84,012 118,380
2012 Total Annual Payroll $2,268,178,000 $2,317,165,000 $2,966,443,000

click for more demographic info

Disclaimer

DISCLAIMER: The User (that's you reading this) of this Website understands that Robert Lee Tade. ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it in addition to seeking professional advice from an attorney as well as a CPA.  In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business.  Owning a business is a risky venture, but can also be a rewarding one.  The User of this website is solely responsible to examine and investigate the Business and or real estate (if included in the sale), its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. In most cases, the Broker represents the Seller who is our principal, but the Broker owes the User a duty of fair and honest dealings.  Any decision by User to purchase the Business shall be based solely on User's own investigation and the User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User and User should often review the listing on the website to keep up to date.

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