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Business For Sale
BAR, RESTAURANT & PACKAGE GOODS STORE
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Asking Price: |
$1,350,000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Bars, Clubs, Nightspots
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Reason for Selling:
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The owner wishes to retire. |
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Year Established:
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1966 |
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# of Employees:
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12 |
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Yearly Gross Income:
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$708,444 |
Business for Sale Overview:
This is a valuable property with a profitable bar, restaurant, and package goods store. It is in a beautiful rural setting and has no competition within 3 miles. The family has operated this business for 42 years. It has a class B, on and off premises beer, wine and liquor license that will convey with the sale. Great opportunity!
Property Features and Assets:
This property includes 2 rental units, one apartment which rents for $750 per month and a trailer which rents for $300 per month. The property size is 2.44 acres and the building plus storage areas are 9,105 square feet. The primary structure was built in 1972 and the original building is 50 plus years old. The parking lot holds over 50 cars.
Market Competition and Expansion:
The business could be more profitable by enclosing, adding fixtures, furnishings, and properly inventorying the package goods store. The lottery should be added as well.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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