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Historical Bar in Downtown Saratoga with Real Estate
Restaurants & Food Businesses for Sale
- Primary Industry: Bars, Pubs & Taverns
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 on 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
• 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
For more information, please contact Brian Bacher, 32 years baking industry professional turned business broker at 408.368.8160 or email [email protected]
Financial Information
- $500,000 Asking Price
- $205,175 Gross Revenue
Business Location
- City: San Jose
- State: California
Reason for Sale
- Sellers are retiring
Detailed information
- Year Established: 1970
- Home Based: No
- Franchise: No
- Relocatable: No
- Lender Prequalified: No
- SBA Prequalified: No
- Part-Time Employees: 2
- Contractors: N/A
- Owner Worked Hours/w: N/A
- Inventory Included: Yes
- Inventory Value: $2,500
- Real Estate Available: Yes
- Real Estate Included: Yes
- Real Estate Value: $0
- Building Size: 1918
- FF&E Included?: Yes
- FF&E Value: $0
Training/Support
- Owner will train
Business Listed by
Helen Liu
Sunbelt of Santa Clara CountyCAMPBCA001-54205
Contact Business Broker
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