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Ocean Beach

  • Listing No.: 106-20962

  • Category: Bar/Liquor, Food - Restaurant

Asking Price $899,000
Down Payment
Gross Revenue $780,000
Total Adjusted Net Income $156,000
Equipment / Fixtures $300,000
Year Established 2021
General Location Ocean Beach
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This Sports Bar and Grill is only a few yards away from one of the busiest beaches in San Diego with a full liquor license (Type-47). This license is highly valued due to area restrictions. Seller has spent over $800k in remodeling with a newly built out kitchen and dining room. Opened in 02/21, this popular Bar/Grill concept has seen a huge growth in revenue month over month. Seller is pursuing another business interest. 

Gross Revenue $780,000 Listed Price $899,000
Total Income $156,000 Down Payment
Base Rent Square Feet 2076
Total Rent $8,500 Lease Expiration
Rent Deposit $8,500 Lease Options 1, 10 year
Inventory Not Included Leasehold Improvements $400,000
Equipment / Fixtures $300,000 Other Assets
Full-Time Employees 5 Training Period 2 Weeks
Part-Time Employees 4 Special License Required ABC Type 47
Contract Staff Reason for Selling Pursue other business interest

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.

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