Business for Sale Overview:
This popular 7,000 square foot restaurant and lounge includes a very accessible parking lot located on a major State Highway that is the major arterial route in the City. This popular establishment is home to the area's best lounge serving the best burgers and bar food in town. Leisure activities include a huge Pool Room, multiple flat screens for sports events and seating for large private parties and public celebrations. Class C Liquor License allows owner to add on-sale packaged liquor store to the business. Currently, the owner does not open on Sundays. Sunday opening offersan opportunity to increase revenues, especially during sporting events. Adjacent to the City's major hotels, manufacturers, businesses and retailers, this business has been continuously operating since 1983 with the same ownership; the pride of ownership really shows in this well maintained and well known local meeting place. The ownership has maintained excellent financial records making it a business with provable income and cash flow.
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:
7,000 square foot restaurant and lounge includes a large accessible parking lot located on a major State Highway that is the major arterial route in the City. Included in the Asking Price: Real Estate: $600,000.
Support/Training: Owner is available for training for up to 90 days immediately following the closing.
Market Competition and Expansion:
Add on-sale packaged liquor store to the business. Currently, the owner does not open on Sundays. By reopening in Sunday, there is an opportunity to increase revenues, especially during sporting events.
Reason for Selling:
Retirement.
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.
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.