Fully Renovated Bar with full entertainment License

Asking Price$499,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$536,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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Fully Renovated Bar with full entertainment License


Asking Price$499,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$536,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed


Seller Financing Available
Business Description
Fully Renovated Bar with full entertainment License
LISTING ID # 37685


This Unique Bar is recently renovated at the cost of over $300,000. It has full entertainment license, which is used for live DJ & dancing. New Buyer has option to lease or buy the property directly from the seller. ( Property comes with another paying tenant). This business has recently added door dash, grub hub and uber eats. So, the business will surely flourish. Extremely busy place during peak hours. Business has 22 car parking and another 100 cars parking available very very close by which is used daily. This is a commercial area and safe place, getting 70% women customers. Nice wide bar, dance and DJ with pool tables. There is potential and space to put 3 more pool tables in the open space downstairs. This business has mostly all part time workers including security gaurds and 8 available DJs. Beautiful outside patio with hookah license. The license value of this place is in several hundred thousand dollars( No more similar business license will be issued and extended hours like this business) and seller has spend ton to make this place a go to bar for the locals. Other income comes from your own ATM, Lotto commission and Pool Table income. Seller has offered generous terms with the down payment.
About the Business
Years in Operation
20
Employees
12 (1 Full-time, 11 Part-time)
About the Sale
Seller Motivation
Family
Transition Support
Seller will train
Financing Options
299,000.00 Down & $200,000 for 36 months at 9%
Listing Info
ID
2540053
Listing Views

Listing ID: 2540053 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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