Established Iconic Bar and Restaurant for Sale
Asking Price: | $390,000 |
Gross Revenue: | $635,000 |
Established Year: | 1947 |
Cash Flow: | $125,000 |
Rent: | $3,100/Month |
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.