Business for Sale Overview:
This bar has been in this shopping center for over 20 years. The current configuration was established in the year 2002. The current owner took it over in November of 2007. They have a D-5, D-6 license. Monday thru Friday they are open from 3:00 PM to 2:30 AM, Saturday & Sunday 12:00 PM to 2:30 AM. They have 6 Full Time Employees and 6 Part Time Employees. The weekly payroll average is $2,100.00. Their weekly gross sales are $10,000.00 to $11,000.00.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
Busy shopping center. They occupy 4,500 sq. ft. and the occupancy permit has 160. The rent is $4,950 per month. CAM is $540.00, Real Estate Taxes are $629.00 and water is $235.02 totaling $6,354.00 per month. The lease is good thru July of 2012. They have two five year options. The first five year option is $5,200.00 per month for the base rent and the second five year option is $5,416.67 for the base rent.
Additional Details:
- The property is leased.
- The owner is not willing to train/assist 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.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.