PRICE REDUCTION $350K-Rare Type 48 Bar For Sale

San Diego, CA
Asking Price:$395,000
Rent:$5,289/Month
BUSINESS DESCRIPTION

Hidden Gem Looking For The Right Ownership

A very rare find is currently available in Mission Hills. A type-48 bar location (NO food requirement) with a live entertainment license that has been recently completely remodeled from the ground up including ALL plumbing and drains/new 200-amp electrical service/new HVAC/ etc. See everything listed below:

1. Walk-in cooler - 8 x 8
2. Big Ice machine
3. Glycol machine
4. New beer lines from walk-in cooler to the front of the bar
5. New coke/juice/soda lines from the back to the front of the bar
6. Storage room
7. Eight TVs mounted across the bar for a 360 degree viewing
8. Two refrigerators at the front of the bar
9. Freezer at the front of the bar
10. Small ice machine at the front of the bar
11. High temperature dish washer at the front of the bar
12. 3 well sink for back up cleaning, if required
13. Two ice wells for serving drinks
14. 2 wash sinks at the front of the bar for employees washing hands
15. Free Water dispenser near the entrance of the bar
16. Movable DJ booth
17. Giant aquarium - can be torn down if required
18. 13 high end commercial cameras spanning the entire bar
18. Central data rack - UPS power supply, recording file storage, 8 direct tv boxes, amplifier, TV switcher, etc
19. DJ equipment - Pioneer CDJ 3000 - x3; Pioneer mixer - x1
20. Sound system - Funktion-One (2 monitor speakers; 2 front speakers; 1 giant subwoofer)
21. ADA compliant restroom with bidets
22. Two sorage racks in front of the bar
23. wine cooler
24. Two Toast payment terminals
25. Two Toast handheld devices
26. 5 tonne A/C unit with heating - New ducts
27. 4 tables
28. 36 chairs
29. Diamond pool table with inbuilt battery for wireless operation and contactless payment.
30. State of the art programmable lighting system
31. LED strip lights for mood lighting
32. Open alcohol
33. ADT security system
34. Instagram ~3k followers
35. Secured entry doors with 2 different locks
36. Noise proof window shades and insulated roof
37. Adt alarm system
38. Outdoor storage cabinet
39. Money safe
40. Fully functional digital entry system
41. 200A upgraded electrical panel

The bar is located at the foot of Mission Hills nestled directly between Little Italy and Old Town. With traffic flow of approximately 25,000 cars/day and the convenience of easy freeway and trolley access this is an ideal location for a seasoned operator. The bar is literally ready to go at the close of escrow to start immediate operations. The bar is located directly next door to nationally acclaimed Lucha Libre Taco Shop and within a one block walking distance some of the best known restaurants in San Diego County. Onsite parking is available as well as plenty of adjacent street parking. There are thousands of homes/apartments/condos within a very short walking distance of the bar.

Size: +/- 1,511 sq.ft. (option to build patio area at front of bar at tenant expense)
Rent: $5,289.00/month plus $1,875.00 NNN
Lease: Expires 10/31/2032 + (2) 10-year options
ABC License: Type 48 (NO Food Requirement)
Live Entertainment Permitted
Asking Price: $350,000

Please contact Peter to arrange viewing or ask questions.


DETAILED INFORMATION
Location
San Diego, CA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,511
Lease Expiration
31/10/2032

BUSINESS LOCATION
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Peter Mellos
Peter Mellos