Owner Finance Bar on Major College Campus in Alabama
Business Description
Imagine owning a thriving bar that's become the heartbeat of a vibrant college town. You'll love this unique establishment that's been drawing crowds since March 2023, combining innovative self-pour technology with old-world charm in a beautifully restored 180-year-old brick building.
What makes this opportunity special? Your customers will experience something truly different - 42 self-pour taps featuring wine, craft beers, domestic and imported selections. They simply show their ID and credit card, receive a bracelet, and pour exactly what they want while being charged by the ounce. It's entertainment and convenience rolled into one, with liquor sales contributing 40% of total revenue.
You'll inherit a business that knows how to keep customers engaged every single day. Think trivia nights, karaoke, open mic sessions, cornhole tournaments, and live weekend music. The college community loves gathering here, from students to faculty, fraternities to sororities. Even the athletic department uses your space to entertain recruits and families.
Location matters, and you've got it covered. Positioned near the football stadium in the town center, game days bring exceptional traffic. The community has embraced this casual hangout spot where people relax, play games, and enjoy live entertainment.
Worried about operations? Don't be. Seven dedicated full-time employees have been with the business since opening, and automation systems allow for absentee management. This is truly turnkey - all furniture, fixtures, and equipment included.
The property itself is remarkable - a completely gutted and restored historical cornerstone building with new plumbing, electrical, and exposed original brick. You're not just buying a business; you're acquiring a piece of community history.
Owner financing available, and the property component qualify for SBA lending. Sales data and video tours are ready for qualified buyers.
What makes this opportunity special? Your customers will experience something truly different - 42 self-pour taps featuring wine, craft beers, domestic and imported selections. They simply show their ID and credit card, receive a bracelet, and pour exactly what they want while being charged by the ounce. It's entertainment and convenience rolled into one, with liquor sales contributing 40% of total revenue.
You'll inherit a business that knows how to keep customers engaged every single day. Think trivia nights, karaoke, open mic sessions, cornhole tournaments, and live weekend music. The college community loves gathering here, from students to faculty, fraternities to sororities. Even the athletic department uses your space to entertain recruits and families.
Location matters, and you've got it covered. Positioned near the football stadium in the town center, game days bring exceptional traffic. The community has embraced this casual hangout spot where people relax, play games, and enjoy live entertainment.
Worried about operations? Don't be. Seven dedicated full-time employees have been with the business since opening, and automation systems allow for absentee management. This is truly turnkey - all furniture, fixtures, and equipment included.
The property itself is remarkable - a completely gutted and restored historical cornerstone building with new plumbing, electrical, and exposed original brick. You're not just buying a business; you're acquiring a piece of community history.
Owner financing available, and the property component qualify for SBA lending. Sales data and video tours are ready for qualified buyers.
About the Business
- Years in Operation
- 3
- Employees
- 7 (3 Full-time, 4 Part-time)
- Facilities & Assets
- The assets of the business include all furniture fixtures and equipment and the 42 tap system for the self pour system. This is a turnkey sale with all assets in the building included in the sale. This will allow a new owner the ability to start earnings immediately after the transfer of ownership. The building was completely gutted and new electrical and plumbing was installed. The estimated value of the assets not including the property is $100,000. The inventory would be purchased separately and is valued around $15,000.
- Market Outlook / Competition
- The competition in the area is weak with several past popular bar having closed. There is not anyone in the area that offers the popular self pour system for customers.
- Opportunities for Growth
- The main area of growth would be the addition of food service. The business currently has QR codes throughout the building that allows the customer to order food to be delivered but the addition of especially in-house preparation of Pizza and other bar foods would add substantially to the profit of the business. The addition would also allow the business to open for lunch and to offer catering.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 7,000
About the Sale
- Seller Motivation
- To focus on other business interests
- Transition Support
- The Seller is willing to offer two weeks of in-house training and 30 days of consultation by phone, email or text. The Seller wants the business to continue to be a popular destination in the community and to continue to be successful and is open to the amount of training and support a new owner would require.
- Financing Options
- Owner financing with $300,000.00 down and payments over 5 years at 7% interest.
Listing Info
- ID
- 2389431
- Listing Views
- 695
Listing ID: 2389431 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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