WESTFAIR LOUNGE, BAKERSFIELD, CA - SELLER FINANCING!!

BAR, TYPE 47 Liquor License

2536 Wible Road, Bakersfield, CA 93304

This business is selling for $399,000 plus inventory.  The owner has made many upgrades and additions to this lucrative bar in upwards of $200,000.  Interested parties will complete a non-disclosure and buyer profile.  Very valuable 47 Liquor license goes with the business, there are 4 employees, and other than occasional visits, the Owner is absentee. Outside patio is a bonus too! 10 x 50 patio that has been approved through 2026 by the city.  It's used for BBQ's, Music, and various community events.  This business has excellent cashflow and the Seller will finance a portion of the sales price.  Call to set up an appointment! Call Carol's cell 661-369-1516.

According to IBIS World it's a $25.1 bn industry and expected annual growth worldwide is 4.7% through 2026 because it reaches consumers, and their spending is expected to increase.  Although the 2020 pandemic showed a loss, this business has come back from that loss and is only showing more growth from month to month in 2022.

Real Estate is also available ($1.25/sq ft at 3,305 sq. ft., Cap Rate of 7.3)

Ample parking along the street, & across street.  The additional space has 5 parking spaces.  Tenant pays $1,500/mo. without fail.  

You may drive by the building, at 2536 and 2530 Wible Road, Bakersfield, CA.  Please do not ask any questions of the employees.