Whiskey Richards Bar

Santa Barbara, CA (Santa Barbara County)

Whiskey Richards Bar
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Asking Price: $325,000

Cash Flow: N/A

Gross Revenue: $619,000

EBITDA: N/A

FF&E: $60,000

Inventory: $5,000

Rent: $8,275 per Month

Established: 2005

Whiskey Richards Bar

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Business Description

Whiskey Richards - located directly on State Street in Downtown Santa Barbara’s Entertainment District. In business for over 20 years with excellent reviews!

2400 square feet includes walk in cooler, two service wells, tap system, lighted production stage, dance floor, pool tables, multiple HD TV’s, POS system and outdoor patio.

All permits in place including rare Type 48 Full Liquor License (with no food requirement) and City Dance Permit.

Consistent revenues and profit stream. Current owner is absentee. Excellent investment opportunity for an experienced operator to take over and significantly increase profitability with a more hands on approach or enjoy current residual income as is.

Detailed Information

Location:
Santa Barbara, CA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,400
Lease Expiration:
N/A
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Competition:
High profile location with excellent lease rate on one of the busiest blocks of State Street, Santa Barbara.
Support & Training:
Yes. 30 days.
Reason for Selling:
Other opportunities.
Business Website:
http://whiskeyrichards
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Matt Olufs

Business Listed By:
Matt Olufs

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