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- RE: Absentee-Run #6 Popular Bar On Mill Ave!
- Contact: Mikedarmo@hotmail.com
Quick Facts
Asking Price: | $395,000 | |
Annual Revenue: | Not Disclosed | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | $250,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2005 | |
Employees: | 20 | |
BBN Listing #: | 936258 | |
Broker Reference #: | Not Disclosed |
Business Overview:
If you are looking for a Turn-Key solid #6 License Bar with a great nightlife right on Mill Ave. with tons of traffic and a solid following with a large bar area and large patio with all the staff in place and currently being ran absentee then look no further. This bar boast 3,000 square feet of space inside and 2,000 square feet of patio space for total of 5,000 square feet in a prime location near all the hottest hotels and action in Tempe. It is one of the oldest bars in Tempe. The staff will all remain with the business if you would like and all the FF&E that owned valued at around $250,000 is included as well as the #6 Liquor License which has a market value of $250,000. That is total of almost $500,000 worth of assets included in the price. The seller is also open to seller financing, so if you have been looking for a bar, a large bar, in a great location with everything turn-key then you found it here. Wait till you see the location and the pictures and equipment list and you will see the potential. Hurry up #6 license bars
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Property Features and Assets:
- 5,000 Total square feet in the heart of Tempe right on Mill Avenue.
Market Competition and Expansion:
- Tons of room for growth with more marketing and more dedicated owner.
Additional Details:
- The property is Leased.
- This is a homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Arizona businesses for sale
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