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Bar & Lounge (example) |
2000 E Ocean Blvd.
Long Beach, California 90803 |
Asking Price: $1,850,000 |
Business For Sale
Business Type: Bar/Lounge
Asking Price: $1,850,000
Annual Revenue: $620,000
Cash Flow: $145,000
Inventory: $6,000 (included in Asking Price)
FF&E: $387,000 (included in Asking Price)
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Year Established: 1996
Employees: 3 full time, 7 part time
Listing ID: 35
Financing: SBA loan and other options available
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Additional Information |
Business Summary
Popular bar & lounge in Long Beach with fantastic ocean view from rooftop location. Top flite bar inside with two main lounge areas, stage, and dance floor. Recent upgrades and remodeling provide great atmosphere for partying and socializing.
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Facilities Description
Approximately 7500 sq ft of space organized into two indoor and one outdoor lounge areas. Separate sound systems for each lounge with a different design theme which creates a unique ambiance and style for each room. Two story building and .80 acre property included in price.
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Competition & Market Conditions
A number of bars/lounges in the area. However, business here is excellent with bar operating often at full capacity.
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Training & Support
1 month training will be provided. Existing staff work very well together. Professional attitudes and very customer friendly.
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Reason For Selling
Have several other projects that require immediate attention.
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Other Highlights |
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| Incredible Ocean View | Great style and custom interior | Recent remodeling and new furniture |
| Multiple sound systems | Modern lighting and party accents | Great location and parking |
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Broker/Seller Information |
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