Description

This well established North Temecula area bar with liquor, live music and a DJ is the quintessential neighborhood “dive” bar. Established over 30 years, this venue with a Type 48 license offers a full bar and patio without the need for food service. The entertainment permit allows for live music and DJ’s, and the business has billiards and a jukebox. With low overhead and healthy profit margins, the bar is able to provide a solid return to a full-time working owner, however, it may also be an ideal absentee operated investment.

This 1,000 square foot facility leases for $1,950 per month including a separate storage unit as well as CAM expense, on a 5 year lease valid through June 2021 with one 5 year option. All of the business's furniture, fixtures, equipment and liquor license will transfer in the sale, as well as its goodwill and permits. Inventory will be sold at cost at close in addition to the asking price.

Competition is deemed to be relatively low, as it’s in a North Temecula area community with few similar competing options. The venue has unique atmosphere for entertainment and revelry that have helped it to develop a following of loyal patrons.

As this business is nearly entirely absentee operated, a full-time working owner may have a large impact on the bars profitably via increased sales, enhanced customer service and minimized staffing expense.

Posted Jul 27, 2016

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