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Business For Sale

Turnkey Bar w/ Parking for 22

Not Disclosed, RI

Food & Beverage: Bars, Clubs, Nightspots

Business For Sale
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$19,800
Not Disclosed
Not Disclosed
Not Disclosed
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1943
1
867636590

Business Overview:

70 Years in Operation. Just remodeled 5 years ago. Seats 12+ at the bar and total capacity of 70. Turnkey operation includes stools and furniture. Parking for 22 cars plus street parking available. Walk-in basement cooler and bulkhead for delivery to basement. Beautiful old bar front with 4 taps for draft beer. Cozy atmosphere with insulated walls, double-panes, and new gas burner. (Very low heating cost) Presently Class D (club) License, but will change to Class B (bar) upon 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:

Bar has two rooms, front (bar) and rear (tables), about 950 sq. ft. total. 2 coolers, Ice machine and sandwich unit included. 27" and 50" TVs. One Bathroom with tiled floor. Front & rear entrances. 2 apartments upstairs and one-room beauty shop attached. Possible sale of Bldg. to Lessee. Everything up to Code.

Market Competition and Expansion:

This has Operated as a private club since 1943. There are only a half-dozen of those Licenses in the city, and the others pose no competition. License would probably transfer to a "B" (bar) License. Room for expansion in rear and into attached beauty shop.

Reason for Selling:

Retirement

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.

Resources: