Lively ABC type 48 licensed bar business for sale for $200,000. The Real Estate is also for sale for a further $325,000. A profitable, lively 1,800 sq ft bar with an ABC type 48 hard liquor license, pool tables, juke box & lottery point of sale. In the same ownership for 17 years and with an absentee owner, this bar enjoy's the benefits of being the only bar in the immediate area and has a loyal local following. There are 16 beers tap handles, a 3 station full liquor bar with bar stool seating for 12 plus a further 38 seats at tables, 2 pool tables and a great sound system. The bar is also a lottery purchase point and benefits from this and the pool tables & juke box. Being absentee owned is a huge advantage to a new owner as the bar is profitable every month which makes for an excellent first or second income stream. The owner maybe willing to carry a note for the real estate portion to well qualified experienced buyers or sell just the business for $200,000. Live music and fun times are this bar's credentials while the added benefit of owning the real estate adds substantial value & worthiness of this purchase. Please complete the 'Non Disclosure Agreement' on our site and we will send you the name and address with the full financial information, lease & the list of equipment included with the purchase. We'll also send you the Broker's contact information so you can discuss this opportunity in more detail.

General Info

  • OrganizationContact For Info
  • Established1990
  • Current Owner2000
  • Employees5
  • Reason For SaleOther Interests

Facilities

  • Seating50
  • Square Feet1763
  • Parking25
  • LicensesHealth, Business & ABC Type 48 License
  • Open Hours12pm - Midnight Daily

Lease

  • RentNew Lease Negotiable
  • ExpirationNew Lease Negotiable
  • Yearly IncreaseNew Lease Negotiable
  • OptionNew Lease Negotiable
  • DepositContact For Info

Financials

  • Monthly Revenue$20,000
  • Monthly Cash Flow$6,800
  • Annual Revenue$230,000
  • Annual Cash Flow$81,600
  • Payroll$$5,000

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.

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