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Asking Price:	$230,000 USD USA Dollars
Business for Sale Industry:	Food & Beverage: Bars, Clubs, Nightspots
Reason for Selling:	Other Interests
Yearly Net Profit:	$50,000
Yearly Gross Income:	$230,000

Business for Sale Overview:

Bar in downtown Providence with very desirable location in a high profile neighborhood with a dense population of local residents, office workers and shoppers. Corner lot with outdoor seating and beautiful build-out. The Bar has a 2:00 AM Liquor license and Entertainment license for live music. The bar does have a kitchen and does serve a limited menu. This is a highly visible and accessible site with tremendous growth potential.

Property Features and Assets:

Beautifully Built out. The Bar space is approximately 1,200 square feet with a 55 person seating capacity. The space consists of a open bar/dinning room, small kitchen, small performance stage, office and bathrooms.

Market Competition and Expansion:

Currently an absentee owner who has no previous experience in the business. No expense was spared in the leasehold improvements. This business could be grown quickly by opening for more hours. The right operator can really capitalize here. This is a must see opportunity!

Additional Details:

• The property is leased.
• 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.