Bars, pubs and taverns listed for sale on BizBuySell feature a wide range of nightlife and beverage focused hospitality businesses, including neighborhood bars, sports pubs, taverns, cocktail lounges, wine bars, breweries with taprooms, and bar restaurant hybrids, many of which include valuable liquor licenses, built out interiors, and in some cases owned real estate. These businesses primarily operate on a hospitality and alcohol driven revenue model, generating income through on premise beverage sales, food service where applicable, entertainment or cover charges, private events, and ancillary revenue such as gaming or merchandise, with profitability closely tied to foot traffic, licensing, operating hours, and repeat local patrons.
| Market Overview | Listings for Sale (Median) |
|---|
| Number of Businesses Analyzed | 60 |
| Asking Price | $410,000 |
| Reported Revenue | $1,182,955 |
| Reported Seller's Discretionary Earnings | $150,000 |
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings.
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|
| $250,000 | $410,000 | $875,000 |
Market Financial Highlights
The financial data presented here is an aggregation of reported revenue and earnings of Bars, Pubs and Taverns for sale in California.
| Bound | Revenue | Seller’s Discretionary Earnings |
|---|
| Lower Quartile | $704,120 | $91,883 |
| Median | $1,182,955 | $150,000 |
| Upper Quartile | $1,563,056 | $205,230 |
Valuation Multiples
The valuation multiples listed below are derived from asking price, revenue, and seller's discretionary earnings of Bars, Pubs and Taverns listed for sale in California.
| Bound | Revenue Multiple | Earnings Multiple |
|---|
| Lower Quartile | 0.31 | 2.41 |
| Median | 0.42 | 2.90 |
| Upper Quartile | 0.60 | 3.76 |
FAQ's
How much does it cost to buy a Bar, Pub and Tavern in California?
The median asking price for an established Bar, Pub and Tavern in California is $410,000, though prices range from under $250,000 to well over $875,000.
How much do Bars, Pubs and Taverns owners in California earn?
The median reported revenue of Bars, Pubs and Taverns in California is $1,182,955 and owners earn a median of $150,000, which includes the owners salary and any other financial benefits they receive.
How do I value a Bar, Pub and Tavern?
Valuing a business is a complex process, but buyers and sellers often turn to the local market to understand how businesses are priced. Based on our most recent analysis of Bars, Pubs and Taverns in California, revenue multiples range from 0.31 to 0.60, with a median of 0.42. Earning multiples range from 2.41 to 3.76, with the median at 2.90. This means the typical Bar, Pub and Tavern in California may ask for around 0.42 times its annual revenue, and 2.90 times its annual owner earnings.
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