Established 48 BarFor Sale

Los Angeles
$250,000.00
Asking Price
  • Cash Flow 254,600
  • Gross Income 30,000
  • Down Request Seller
  • Posting ID 279
  • Status Active

Description

Established over 50 years ago, this is one of the oldest bars in Long Beach. Many years of a consistent clientele with a loyal following. Located on one of the busiest streets in Long Beach. Huge monument sign that can be seen from a distance. Located close to many industrial buildings and close to the port of Long Beach. Easy access to the freeway. Stand-alone building with its own parking. Big layout with a long bar that helps provide a lot of seating. Lottery and free WiFi are available for customers. Lotto usually generates about $5,000 a year. Business is semi-absentee run. The owner oversees the operation but does not work at the business. A more hands-on approach can make a huge difference. A must-see business with obvious room for improvement. Clear potential to improve sales and provide a healthy net profit. 

Show More

Attributes

Related Links & Information Regarding This Posting

  • Building Age: 2 Years
  • Parking: Attached Garage
  • Cooling: Central Cooling
  • Heating: Forced Air, Gas
  • Sewer: Public/City
  • Water: City
  • Exercise Room: Yes
  • Storage Room: Yes

Video