This pub & grill offers live music, cocktails and delicious food indoors, at the bar and on their street side patio! This iconic pub is located in a popular coastal city, just a stone’s throw from the ocean, and has been an OC staple for 24+ years!
This bar & grill is a huge hit with the locals. In addition to getting a slice of the 4 million annual visitors to this bustling beachside city, the owner has done an excellent job of driving new customers to the bar with world-renowned live music and DJ acts, which generates additional revenue from tickets sales and cover charges; this has increased revenues year over year. The pub also features a 47 liquor license, walk-in refrigerator, glycol beer chilling system, 4 terminal POS system and a fully equipped hot line and kitchen with a type 1 hood.
The owners are parting ways and their partnership split is an opportunity for a new owner operator to step in and take this pub and grill to the next level. Starting with a fantastic $1M revenue base and great profitability, fine tune the menu and beverages and maintain the late night revenues with live music until 2 am with their entertainment license! Put more money in your pocket by adding additional TVs and promoting soccer and other sports, extend the outdoor dining with pre-approved city flex space, and vary the entertainment mix to attract an even wider audience! In addition, beef up the weekend brunch, refresh the website, boost the weak social media and add delivery service companies to increase both exposure and the bottomline!
Very rarely does a 47 licensed grill and bar with all the bells and whistles come to market. If you are looking for a revenue generating monster in an unbeatable location, location, location, this pub & grill is an opportunity for you. Contact the Agent today, these opportunities sell extremely fast!