18775 E Hwy 88
Clements, CA 95227

Description: This sale includes two parcels: The Old Corner Saloon: 18783 E Hwy 88, Clements, CA 2bd/2bth House: 18775 E Hwy 88, Clements, CA The Old Corner Saloon is one of Clement’s local landmarks. Originally established as General Store in 1889 by William Schmitt and later on turned into a saloon by his son Louise around 1916. Over the years business & property changed hands multiple times and has been under current ownership since 2005. Business is located on a corner lot with indoor and patio seating. The main Saloon area with its rustic décor and antiquated edginess adds to the old-world saloon appeal. The indoor area offers bar seating, a pool table, dance floor with live music. Seller put in tons of capital improvements including brand new Tiki Bar with open seating in back patio area that runs into adjoining lot included in this sale. Tiki Bar comes with an impressive Bar Counter, glass refrigerator, and compact kitchen with stove under the hood. The old garage immediately behind the Saloon is used as a storage facility for Bar supplies. A 2bd/2bth house (adjacent parcel address: 18775 E Hwy 88) is also included in this sale was recently renovated as is currently offered as an Airbnb rental for $150/night. Buyer has an opportunity to keep this as their primary residence or keep this as income property. Equipment Included: 2 Walk-in coolers, Cash Register with POS, 4 Burner Wolf Range with Oven, Blueair glass freezer, 2 Door True Freezer, Multiple Beer coolers, Prep tables, Flat Screen TVs, Security system with Cameras, and much more. A full list of equipment is available with the Listing Broker. General Information: Organization: Sole Proprietorship | Restaurant Bldg. size: ~2,747 Sq. Ft., Lot Size: ~6,250 sq. ft. | House Bld Size: ~1,204 Sq. Ft., Lot Size: 6,098 Sq. Ft. | Licenses Required: Bus Lic, Health Permit, Sellers Permit, ABC Type-48 Liquor Lic. (Included & Transferable) | Inside Capacity: 150 Inside, Patio Capacity 100 | Ample free parking space | Days Open/Hours: 8 am to 2 am, 7 days a week | Reason for Sale: Retirement. Covid restrictions might impact the business operating hours. Revenue: Gross Sales: ~$58,000/month Financing: SBA Loan doable for an eligible buyer with a 20% down payment All information contained in this document resulted from representations by Seller. Mission Peak Brokers, Inc. and its agents can not and will not verify the accuracy or completeness of any information. Purchasers must verify any such information themselves and should engage legal and financial advisors to assist with the process.