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Close to Town Center

  • Listing No.: 200-00049

  • Category: Bar/Liquor

Asking Price $99,900
Down Payment
Gross Revenue $125,000
Total Adjusted Net Income
Equipment / Fixtures $40,000
Year Established 1989
General Location Close to Town Center
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This business has been in the same location for over 30 years.   It is on a main road with good visibility, 196 seat capacity, great bar area for DJs and events, well reviewed and good staff in place. A new owner needs to be able to manage staff, and operations. There is lots of options and room to grow this business.   This is selling below the cost to set up new.  PRICE JUST REDUCED

Gross Revenue $125,000 Listed Price $99,900
Total Income Down Payment
Base Rent $6,692 Square Feet 4740
Total Rent $6,692 Lease Expiration 5/2020
Rent Deposit Lease Options
Inventory $4,000 Leasehold Improvements $100,000
Equipment / Fixtures $40,000 Other Assets
Full-Time Employees Training Period 2 weeks
Part-Time Employees 5 Special License Required ABC
Contract Staff 2 Reason for Selling

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.