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Spancky’s Bar– Long Established in Corner Downtown Cotati Location

By Mike Nova 

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Asking Price
$350,000 The total asking price of the business for sale.
SDE
Seller's Discretionary Earnings (SDE) is a metric for determining the historical cash flow of a business. It is a recasting process that starts with the net profit of a business, from either the business tax return or the year-end income statement.

Internal ID

JS25Spancky's

Business Description

This is a fantastic opportunity to take over this great bar on the corner of Old Redwood Highway and La Plaza, right in the heart of downtown Cotati. Spancky’s is a unique bar. Lots of great people, good music and well poured drinks. Scores of thirsty patrons have found their way to this highly visible location over past 40 years. There is live music typically 2 – 3 times a week, often with no cover charge. There is a PA system & A music system that are owned by the bar that come with the sale. There are two pool tables, a shuffleboard table and video game machines that are all owned by the bar and they provide additional income to the owners.

ADDITIONAL DETAILS:
• Located right in beautiful downtown Cotati, next to other shops, retailers, and restaurants.
• The current rent for this 2,600 sq. ft. space (approx.) is $6,000 per month, on a gross basis. The current lease is active until December 2026 & there is a two-year extension that will carry this lease until December 2028.
• Long established for 40 years with 15 years under the current ownership.
• There is plenty of parking available in the downtown parking district.
• The bar is absentee owned and there are currently 8 part-time employees working at this business.
• There is seating for approximately 35 inside the bar and 15 additional seats on the outdoor patio.
• Hours: 3:00pm – 12:00am Mon & Tues, 3:00pm – 2:00am Wed – Sat, 12:00pm – 12:00am on Sundays
• There is approximately $5,000 of saleable inventory that is not included in the purchase price & will be made available to the Buyer to purchase at an additional cost.

PRICE INCLUDES: Trade name, goodwill, furniture, fixtures, equipment, leasehold interest, leasehold improvements, and the ABC Type 48 On-Sale General Public Premises License.

Detailed Information
Industry
Restaurant/Bar

Location
Cotati

Building SF
2,600 sq/ft

Listing Agent
Jeff Sacher
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Asking Price
$350,000
SDE

Internal ID

JS25Spancky's

Business Description

This is a fantastic opportunity to take over this great bar on the corner of Old Redwood Highway and La Plaza, right in the heart of downtown Cotati. Spancky’s is a unique bar. Lots of great people, good music and well poured drinks. Scores of thirsty patrons have found their way to this highly visible location over past 40 years. There is live music typically 2 – 3 times a week, often with no cover charge. There is a PA system & A music system that are owned by the bar that come with the sale. There are two pool tables, a shuffleboard table and video game machines that are all owned by the bar and they provide additional income to the owners.

ADDITIONAL DETAILS:
• Located right in beautiful downtown Cotati, next to other shops, retailers, and restaurants.
• The current rent for this 2,600 sq. ft. space (approx.) is $6,000 per month, on a gross basis. The current lease is active until December 2026 & there is a two-year extension that will carry this lease until December 2028.
• Long established for 40 years with 15 years under the current ownership.
• There is plenty of parking available in the downtown parking district.
• The bar is absentee owned and there are currently 8 part-time employees working at this business.
• There is seating for approximately 35 inside the bar and 15 additional seats on the outdoor patio.
• Hours: 3:00pm – 12:00am Mon & Tues, 3:00pm – 2:00am Wed – Sat, 12:00pm – 12:00am on Sundays
• There is approximately $5,000 of saleable inventory that is not included in the purchase price & will be made available to the Buyer to purchase at an additional cost.

PRICE INCLUDES: Trade name, goodwill, furniture, fixtures, equipment, leasehold interest, leasehold improvements, and the ABC Type 48 On-Sale General Public Premises License.

Detailed Information
Industry: Restaurant/Bar

Location: Cotati

Building SF: 2,600 sq/ft


Listing Agent
Jeff Sacher
More Information »

Contact Listing Agent


"*" indicates required fields

Name*
This field is hidden when viewing the form
This field is hidden when viewing the form
This field is hidden when viewing the form
This field is hidden when viewing the form
This field is hidden when viewing the form
This field is hidden when viewing the form
This field is for validation purposes and should be left unchanged.

Santa Rosa Business & Commercial
525 College Ave, Suite 115, Santa Rosa, CA
Phone: (707) 526-1050
Email: mikenovabroker@gmail.com

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Spancky’s Bar– Long Established in Corner Downtown Cotati Location
https://santarosabusinessandcommercial.com/listing/spanckys-bar-long-established-in-corner-downtown-cotati-location/
Asking Price
$350,000
SDE

Internal ID

JS25Spancky's

Business Description

This is a fantastic opportunity to take over this great bar on the corner of Old Redwood Highway and La Plaza, right in the heart of downtown Cotati. Spancky’s is a unique bar. Lots of great people, good music and well poured drinks. Scores of thirsty patrons have found their way to this highly visible location over past 40 years. There is live music typically 2 – 3 times a week, often with no cover charge. There is a PA system & A music system that are owned by the bar that come with the sale. There are two pool tables, a shuffleboard table and video game machines that are all owned by the bar and they provide additional income to the owners.

ADDITIONAL DETAILS:
• Located right in beautiful downtown Cotati, next to other shops, retailers, and restaurants.
• The current rent for this 2,600 sq. ft. space (approx.) is $6,000 per month, on a gross basis. The current lease is active until December 2026 & there is a two-year extension that will carry this lease until December 2028.
• Long established for 40 years with 15 years under the current ownership.
• There is plenty of parking available in the downtown parking district.
• The bar is absentee owned and there are currently 8 part-time employees working at this business.
• There is seating for approximately 35 inside the bar and 15 additional seats on the outdoor patio.
• Hours: 3:00pm – 12:00am Mon & Tues, 3:00pm – 2:00am Wed – Sat, 12:00pm – 12:00am on Sundays
• There is approximately $5,000 of saleable inventory that is not included in the purchase price & will be made available to the Buyer to purchase at an additional cost.

PRICE INCLUDES: Trade name, goodwill, furniture, fixtures, equipment, leasehold interest, leasehold improvements, and the ABC Type 48 On-Sale General Public Premises License.

Detailed Information
Industry
Restaurant/Bar

Location
Cotati

Building SF
2,600 sq/ft


Listing Agent
Jeff Sacher
More Information »



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