Historical Bar in Downtown Saratoga with Real Estate

Saratoga, CA
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Asking Price:$250,000
Real Estate:$1,799,000
Inventory:$2,500
Established Year:1970
BUSINESS DESCRIPTION

This offering for one of the oldest bars in the area is a once in a lifetime opportunity. The details are as follows for the business, information regarding the real estate available as a separate summary.

• Original antique hand carved wood bar back with mirror and refrigeration

• Single well

• 4 tap beer cooler and tap (full asset list will be provided in the business memorandum)

• Newly upgraded electrical panel, HVAC unit, and water heater

• Antique chandeliers located on high wood beam ceilings

• Two bathrooms (not ADA compliant)

• Has former kitchen, extensive upgrades will need to be made to re-introduce, vent still in place

• Back section of building is newer and can be modified or additional floors added

• Historical building in the front, preservation requirements present

• Stand-alone building in line with many restaurants and night life

• Sales cycle is stronger during concert and wedding seasons

• Cash business (records not verified by agent/broker)

• Rough capacity 30 seats between bar, tables and 2 booths, plus a new back-room seating area


ATTACHED DOCUMENTS
Confidentiality Agreement Download

DETAILED INFORMATION
Location
Saratoga, CA
Inventory
Not Included in asking price
Real Estate
Owned
Building SF
1,918
Employees
2
Facilities
Carved wood bar and bar back, single well, bar seating, couch and booth areas, new back-room seating.
Competition
There are no other bars like this in town, one of the oldest in the county.
Growth & Expansion
Adding a patio, light menu, social media presence, are all possibilities for growth.
Support & Training
Owner will train
Reason for Selling
Sellers are retiring
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Brian
Bacher
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Brian Bacher