Bar/Nightclub

Owner operator can earn $147,000 Net Income

High Profit, low rent bar/ Night Club is in sought after cities in Contra Costa County with type 48 license. They are open from 5-12 Monday -Sunday. This approximately 2300 Sq ft location rent is $4653.00 a month. The Utilities is shared with another tenant. 25% gas, 50% electricity, 50% property insurance, 33% garbage, 33% Water. Hours of operation is 5-12 p.m. One full time and two part time employees. Seller Claims the following:
2023 Annual Income was 636,703—Cost of Good Sold $205,620.00 Gross Profit
431,083— Net Income $248,294
2022 Annual Income $618,577.00—cost of Goods Sold—$190,721.00—Gross Profit
$427,856.00 —Net income $258,253.00
Location shown by appointment and after May 25th. The owner is looking to relocate.