Owner Financing is Available!
Business Overview:
For sale is a once in a lifetime opportunity to acquire an existing bar that is ready for a new owner operator to take the hard work the seller has put into the business and continue the operation. Seller reserves the right to refuse transition of the name to any buyer at his discretion, so the current trade name may or may not be included in any sale of this business. The rest of the assets, leasehold, full liquor license allowing beer, wine, hard liquor sales, will be included. 50 percent sales via cash, 50 percent sales via credit cards, due diligence verification shall rely primarily on merchant account statements and invoices etc. Open 7 days from 6 am to 2 am NDA(Non-Disclosure Agreement) is required for exact location identity and to schedule an appointment to see the premises. Do not talk to employees ! Confidential sale.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Facilities: 50 feet of ocean front views from the bar. Honestly does it get much better than that?
Support/Training: As needed.
Market Competition and Expansion:
Competition: Although other locations are being opened by the Seller of the business, they are far enough away on the island to not become a distraction or a direct competitor of the existing establishment that is the subject of this sale.
Growth/Expansion: Typically Buyers have their own ideas of what they would like to contribute, however, there isn't much that needs to be modified so this is a turnkey opportunity in every sense of the word.
Reason for Selling:
Develop 2 other bars.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: