Established (30 Years) Recently Updated Grove City Neighborhood Bar

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Great Location !! RENT IS ONLY $875 Per Month !!!!
Asking Price:
$144,900

Gross Revenue:
 Not Disclosed
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
$3,000
not included in asking price

FF&E:
 Not Disclosed
included in asking price

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Business Description

This established recently updated neighborhood bar has served this desirable Grove City area for over 30 years. The bar has a D-5 (Beer, Wine, and Spirits) and a D-6 (Sunday Sales) liquor licenses as well as Keno.

The bar has a seating capacity of 80, and has a large wrap around bar with a beautiful new Granite Top which seats 35. Customers enjoy the updated sound system with Juke Box, updated bathrooms and fresh paint . This establishment boasts of 14 Flat Screen T.V’s (various sizes) an ATM, Juke Box, Pool Table, 3 Dart Boards and Vending Games. The fresh décor is visibly pleasing the moment you walk in.

You will be able to conveniently serve your customers with 9 beer taps, 2 - 9ft beer and wine coolers, Multiple Shooter machines and a Popcorn machine. More coolers are in the kitchen so you have ample coolers for all your customer’s needs. The kitchen is currently not being used but does have a 4 compartment sink and 7ft prep table.

Fantastic lease: TOTAL RENT ONLY $875 a month!!

Easy to make money with that rent !!

Seller has 2 other bars on the North end of Columbus. He purchased the bar in October 2018. He thought this would be a nice addition, but the distance and time has made him decide to sell. The Bar is currently open limited hours of:

Thursday, Friday, Saturday from 3pm - 2am but previously was a 7 day per week operation.

A new owner who is engaged in the community and the bar can take this newly renovated gem and pump it up to it’s full potential!!!

Potential SHORT TERM Seller Financing to Qualified Buyers having $100,000 down.

Please be discrete when visiting !

About the Business

Location:
Grove City, Ohio
Year Established:
1989
Number of Employees:
1 PT
Real Estate:
Leased
Building Sq. Ft.:
1,500
Rent:
$875.00 Per Month
Lease Expiration:
10/31/2021
Facilities:
This is an upstairs established neighborhood Grove City bar located close to the corner of a very busy intersection. Great lease that expires October 2021 with rent of ONLY $875 Per Month. Seating for 80.
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About the Sale

Reason For Selling:
Seller has other businesses taking up his time.
Training/Support:
Seller is willing to provide support to insure a smooth transition.
Seller Financing:
Potential SHORT TERM Seller Financing to Qualified Buyers having $100,000 down.

Listing Info

ID:
1644815
Ad Detail Views:
0

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Business Listed by

John Duncan

Jim Tharp Realty

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Sponsoring Broker:

Frank Nunziata
Jim Tharp Realty


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