Bar & Restaurant with Type 47 License – Excellent Lease Terms
Business Description
MS Real Estate, Inc. offers this bar and restaurant opportunity in a high-traffic area surrounded by residential and commercial buildings, providing strong local visibility and excellent potential for a hands-on owner-operator. The current owner runs the business with limited hours due to time management constraints, creating a fantastic opportunity for an active, motivated buyer to take over, extend hours, and realize the full potential of this business. The setup is fully equipped and ready for a smooth transition, paving the way for exciting growth opportunities. This is a turnkey operation, carefully established and maintained, making it ideal for an experienced operator or a first-time owner ready to run it full-time and increase profitability. You can step in and confidently take the reins to run the business. Serious Principals inquiries only.
• Square Footage: Approx. 980 sq. ft. | 6 feet type-1 Hood
• Base Rent: $2,512.38 month | Annual Rent Increase 4%
• Lease Expiration: July 2026 | One 5-year renewal option.
• CAM Charges: $425 a month |
• Property Tax: Approx. $383 a month | $ 4,600 yearly.
• Seats 25-30 including bar seating.
• Employees: 2 full-time, 2 part-time
• Hours of Operation: Monday-Thursday 4 pm-10 pm & Friday-Saturday 4 PM –10 pm.
• License: Type 47 (Full Liquor License) – Transferable
• Reason for Sale: Time management.
Financing: All Cash. Call the broker
The Seller has provided all the information in the offering memorandum, but Manjit Singh, the listing broker, has yet to verify it for accuracy or completeness. Therefore, it is the responsibility of both the Sellers and Purchasers to verify the information themselves. MS Real Estate strongly recommends that you seek the help of legal and financial advisors to help you with this process.
• Square Footage: Approx. 980 sq. ft. | 6 feet type-1 Hood
• Base Rent: $2,512.38 month | Annual Rent Increase 4%
• Lease Expiration: July 2026 | One 5-year renewal option.
• CAM Charges: $425 a month |
• Property Tax: Approx. $383 a month | $ 4,600 yearly.
• Seats 25-30 including bar seating.
• Employees: 2 full-time, 2 part-time
• Hours of Operation: Monday-Thursday 4 pm-10 pm & Friday-Saturday 4 PM –10 pm.
• License: Type 47 (Full Liquor License) – Transferable
• Reason for Sale: Time management.
Financing: All Cash. Call the broker
The Seller has provided all the information in the offering memorandum, but Manjit Singh, the listing broker, has yet to verify it for accuracy or completeness. Therefore, it is the responsibility of both the Sellers and Purchasers to verify the information themselves. MS Real Estate strongly recommends that you seek the help of legal and financial advisors to help you with this process.
About the Business
- Years in Operation
- 6
- Facilities & Assets
- Sale includes all furniture, fixtures, equipment, and a valuable Type-47 liquor license.
- Opportunities for Growth
- Expanding service to include lunch hours, combined with the owner’s hands-on management, will significantly elevate performance.
About the Sale
- Seller Motivation
- Time Management
- Transition Support
- Seller will train for two weeks after close of escrow.
Listing Info
- ID
- 2422480
- Listing Views
Listing ID: 2422480 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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