Established Iconic Bar and Restaurant for Sale

Red Bluff, CA

Seller Financing Available

Asking Price:$390,000
Gross Revenue:$635,000
Established Year:1947
Cash Flow:$125,000
Rent:$3,100/Month
BUSINESS DESCRIPTION

Seller will carry with with half down.

This eating and drinking establishment is full of history and opportunity. Tri level bar with established reputation and clientele. Type 47 license with catering allows for family dining or 21 and over operation. Restaurant currently serves a menu of outstanding burgers and bar eats with high reviews. Experienced manager is in place and willing to stay and help new owners. Staff is knowledgeable and experienced as well. Located in the beautiful historic downtown district of Red Bluff, California, the business boasts over 7000 square feet of usable space with three separate bars in one building. Current owner is selling to pursue new venture closer to home.
The business comes with a very favorable lease, well below going rates for the area.
This is your opportunity to own a piece of California history in a growing and desirable community. We are home to the world famous Red Bluff Round Up Afterparty and many other annual events.
If you are an experienced bar owner or have always wanted to own one, don’t miss this plug and play opportunity to do so. Lots of upside for an owner/operator!
*Real Estate not included.


DETAILED INFORMATION
Location
Red Bluff, CA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
7,000
Employees
6
Facilities
Fully operational kitchen with hood, fryers, oven, range, recently rebuilt walk in fridge. 3 story building with 3 bars for special events or weekend use.
Financing
Owner will carry with 50% down.
Support & Training
Manager will stay on to train and/or run business if desired.
Reason for Selling
Selling to pursue venture closer to home.
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Carlos Zapata
Carlos Zapata