Temecula Bar & Restaurant w/Live Entertainment – New Build-out w/Versatile Layout!

Temecula Bar & Restaurant w/Live Entertainment – New Build-out w/Versatile Layout!

Temecula, CA


Asking 
$795,000
Gross Revenue 
$1,610,768

This Temecula Bar and Restaurant with multiple bars boasts stellar freeway access, main street visibility, spacious parking lot, and live entertainment with a new, highly versatile build-out that is allow the venue to simultaneously offer dining and live music in separate spaces. The venue’s unique concept promotes a loyal following and stable customer base that makes the venue the first choice for many onsite special events, and offsite catered activities, while its chef driven menu and extensive craft beer selection, together with the venue’s full entertainment calendar comprised of a variety of bands, DJs, karaoke and other performances keeps patrons coming back for more.

Inventory 
10000

Accounts Receivable Included in Asking
No

Facilities

This 6,700 square foot venue with a capacity for over 300 patrons leases for a $9,800 per month on a long-term lease until 2031 with two 10 year options. All of the business’s furniture, fixtures, equipment and liquor license as well as live entertainment permit will be included in the sale. An estimated $10k in inventory will be sold at cost at close in addition to the purchase price.


Competition

Temecula has several bars, restaurants and live music venues in its Old Town district and throughout the greater Temecula – Murrieta corridor, however, few can match this venue’s recent highly versatile, no expense spared build-out and host of entertainment entitlements. As such, together with the location’s attributes, it has a built-in long term sustainable advantage.


Growth & Expansion

New operators of this live entertainment, music and dining venue may maintain the continuously its ever-growing customer-embraced concept, or the facility may be adapted to any number of alternative concepts that capitalize on the versatile build-out and highly flexible space lay-out.


Support & Training

Seller will train for 2 weeks at 20 hours per week or as negotiated


Reason for Selling

Personal


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