Situated in a premium Sunset Beach location, the famous “Turc’s” bar has a blend of beachside décor blended with a Tiki and bamboo vibe. Accented with fish tanks and pebble rock walls that complete the interior of the legendary landmark business.
The $4.5m price includes everything; the real estate, business, FF&E, inventory & supplies, goodwill, and a rare, highly coveted Type 48 Liquor License (which has a market value in the $300,000 range).
A few reasons Type 48 licenses are so coveted are the ability to serve liquor, beer, and wine until 2:00 AM. Also, Type 48 is designated as an on and off-premises license. Liquor, beer, and wine may be sold for on-premises consumption, as well as beer and wine for off-premises consumption.
Turc's Bar
Established in 1955, a full bar with two indoor fire pits, two pool tables, a giant Jenga, and touchtunes jukebox. An outdoor patio area for smoking and drinking. TVs located throughout the bar.
Upside Potential
Implement a social media program
Create a company website
Add a lunch and dinner menu
Development Potential
The adjacent property (see above image) may also be available. It's currently a Triplex with month to month tenants, asking price $1.8M. Click HERE to visit property website.
Sunset Beach is an approximately 134 acre primarily residential community that stretches 1.2 miles from Seal Beach at the northwest extremity to Bolsa Chica State Beach.
Sunset Beach was established as an unincorporated town on September 8, 1904, governed by the County of Orange.
Sunset Beach is unique among coastal communities in that 55 percent of its total area, excluding streets, is publicly owned and utilized.
Of its almost 134 acres, approximately 74 acres are devoted to public uses, which include the main beach, a combination linear park and public parking facility, Sunset Channel and 11th Street beach. Approximately 31 acres are developed with residential and commercial uses, and 28 acres are right-of-way (streets).
There are 652 residential units in the community developed at a range of densities, with commercial and mixed use developments mostly along Pacific Coast Highway. The community has approximately 1,300 residents. While Sunset Beach is almost built out, remodeling and rebuilding of residential lots occurs on an on-going basis.
There are approximately 70 commercial establishments. Existing commercial uses range from neighborhood convenience facilities such as markets, to more area-wide facilities such as motels, restaurants, and specialty shops that generally front on Pacific Coast Highway. Because of the compact size and special nature of the Sunset Beach community and the limited area for commercial uses, the convenience facilities and goods provided serve the visitors and tourists as well as local residents.
The Subject Property is located in the Sunset Beach Tourist (SBT zone) in the Sunset Beach Specific Plan. Details of this district can be accessed here, see page 40: https://www.huntingtonbeachca.gov/files/users/planning/Sunset-Beach-Specific-Plan-City-Council-Approved-012017.pdf
