$750,000
This is a rare opportunity to purchase an upgraded property with a popular bar/restaurant concept within. There is likely SBA financing opportunities for a buyer planning on being the owner-operator of the bar. The owner invested heavily in the business in 2020-2021 by adding a freshly designed and constructed front patio and building facade, adding massive curb appeal. The patio alone can hold 70 guests. The visibility along this high traffic corridor was vastly improved, and draws business. Other investments to the interior and equipment have also been made. More recently the owner has added a Patio Service Bar and a cement bar top for more outdoor guest seating. A new HVAC unit was installed in 2025 and much more! More than $300,000 was invested into these upgrades. The new patio also has gas heaters and swamp coolers for those hot Summer months. There is also two large HD TVs outside and patio speaker system that is separate from the bar area which is great for sporting events or private event use. The front and back patios are a gas-lined, in-ground, for fire pits and permanent gas heating system. The bar has a great food program and holds a great reputation amongst locals. Guests visit for the food and drinks, but also come for sporting events and special occasions. The patio is over 1500sf with covered and uncovered enclosed seating, It seats over 40 and can host outdoor events for up to 150. The interior classic bar has an Antique back bar that was converted from an 1890's pharmaceutical cabinet. The functional and compact kitchen has a Type-1 Hood and has upgraded and new equipment within. The new or less than two years old equipment includes a 9'x10' Walk-In Fridge, Freezer Unit, Sandwich Prep Cooler, Flat Top Griddle with Refrigerated Drawers, Under Counter Fridge, Commercial Dishwasher and even a Tankless Water Heater. There are two upgraded bathrooms. There is Room for 45 inside at the bar and surrounding tables. The property has a separate back building that is used for extra storage and work space, which also includes a large amount of equipment and refrigeration. A new hands-on owner can really grow profits within this business, but rest assured that the GM and team in place want to stay and know how to run this business for the current Absentee owner. There is the ability to expand hours and days of operation is possible. Opportunities to purchase a building, strong bar concept and liquor license don't come around often.
SN26082392
MLS
⋅
Active
Status
2010 Park, Chico
