This business opportunity is ripe for a chef or management couple wishing to own their first bar and restaurant in a spectacular location with minimal risk. Only $130,000 for this fully fitted bar seating 40 with an ABC type 47 hard liquor license included and a nice dining room seating 50 plus a nice patio with views across the fairway and monthly rent is a mere $975. You won't find such a nice space for so little rent. The kitchen equipment needs a little upgrade but the owners are currently laying a new health grade sealed floor. Included is an 8ft extraction hood with fire suppression system, deep fryer, char-broiler, 4 burner with flattop & oven, 5 upright fridges and freezers along with a refrigerated worktop and a 1200 lb ice machine and a large walk-in cooler. The bar and dining room are linked with a modern POS system and beer has it's own 'Glycol' system pouring 6 taps. There is also a great deal of storage space and office. The parking lot is huge and the views are spectacular. With $60,000 in annual profit this is well positioned to sell for $130,000. Private parties and wedding receptions would greatly increase the sales and profits and is a market not currently being exploited by the present owners. The full liquor license is also an advantage for the area and has tremendous value. This is the first time on the market for 12+ years so if you wish to receive full details of this business opportunity please complete the 'Confidential Agreement' request and we'll send you the lease, photo's, list of equipment & financial information. We will also send you the agent's contact information so you can discuss in further detail.

General Info

  • OrganizationContact For Info
  • Established1985
  • Current Owner2005
  • Employees6
  • Reason For SaleRetirement

Facilities

  • Seating90 + Patio
  • Square Feet3500
  • Parking100+
  • LicensesHealth, Business and ABC Type 47 Licenses
  • Open Hours8am - 9pm Daily

Lease

  • Rent$975
  • ExpirationNew Lease
  • Yearly IncreaseContact For Info
  • OptionNew Lease
  • Deposit$975

Financials

  • Monthly Revenue$21,000
  • Monthly Cash Flow$5,000
  • Annual Revenue$246,000
  • Annual Cash Flow$60,000
  • Payroll$7300

Financing

  • Down Payment$Contact For Info
  • Note Balance$Contact For Info
  • Terms of NoteContact For Info
  • All CashContact For Info

DISCLAIMER: The above financial information was supplied by the seller and has not been verified by broker. Broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records, and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.

Location