Long Established Sports Bar SOLD
About this business for saleLong Established Sports Bar SOLD
This is an established 48 license and Sports Bar, in the San Gabriel Valley. Owner moving and must sell!
Profitable and operated by staff, semi absentee. No food, no kitchen. Just alcohol sales and profits. Hours 9 am to 2 am.
Several income sources with Pool tables, juke box, Lotto, Dart Teams, etc.
Approximately 3,000 sq. ft. with low rent of only $4300 .
Possible 10 year lease with 5 year option for qualified Buyer.
Must sign NDA and have proof of funds to get details.
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.