Business for Sale Overview:
Well Established Bar with Grill located in a very affluent area. The same owner has operated this bar for 29 years. He is selling as he is due to retire. He is at the bar strictly in a management capacity. This is a stand alone building with parking in the front and back, approximately 50 parking spaces, plus overflow parking. It is on a very busy road, right off of Sunrise Highway. This bar serves an eclectic mix of young and old, from college students to seniors. Everyone gets along very well and there are rarely any incidents. They offer a large Plasma TV, pool table, and OTB. They also have a grill and 2 deep fryers. There is indoor and outdoor seating for 58 and 44 respectively. The location could be used for special events and small concerts have been held in the parking lot. Sales consist of 10% Food, 40% Beer and 50% Liquor. In the past 12 months this location has Grossed approximately $349,000 with a Net Income of approximately $100,000. The seller also owns the building with 1,350 square feet indoors and a 700 square feet patio. He is willing to offer a 10 year lease (5 and 5) to a qualified buyer.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Reason for Selling:
owner is retiring
Additional Details:
- The property is owned.
- 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.