Long Beach Bar with Live Entertainment & Spacious Patio – Property Only Sale!
Overview
This Long Beach bar with a Type 48 liquor license that does not require food service boasts live entertainment, a spacious patio, and an offsite catering permit. Over $200k in recent property improvements include a recently polished and buffed cement floor, a new HVAC system with custom stainless steel exposed ducting, a new custom bar built with a 12 tap system and stainless steel countertop, a new custom built walk-in, a new DJ booth, new electrical and plumbing, and new ADA compliant restrooms, high-end stainless steel fixtures. The facility boasts exposed wood beam ceilings, recent exterior and interior paint, a newly fenced patio, custom sound system with high-end lighting and sound system in the interior and on the patio and interior.
Additional Details
Facilities
This 1,200 square foot venue with an 1,800 square foot patio is on a 3,148 square foot lot. While this is a property-only sale and financials and business name will not be offered, the business’s assets, including its furniture, fixtures, equipment and related permits and Type 48 liquor license, catering permit, and other entitlements will be included in the sale. An estimated $5,000 in inventory will be sold at cost at close in addition to purchase price.
Competition
This neighborhood bar is nestled in a residential and business area that does not place it in as highly competitive environment of many similar Long Beach venues. As such, it has a distinct competitive advantage when it comes to attracting local patrons.
Growth & Expansion
While this venue has been a neighborhood staple since the 1960s, new management can take this property sale in any direction they choose. The venue’s recent improvements and upgrades, flexible layout, and dance and entertainment entitlements make is an attractive opportunity for any number of variations on the current concept or new ones all together.
At a Glance
