Gay Bar

Phoenix, AZ
Maricopa County


Asking Price: Annual Revenue:
$400,000 $365,800

Food & Beverage: Bars, Clubs, Nightspots


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RE: Gay Bar Broker: Sheryl Reese
License #: BR005917000
Owner Financing is Available!
$200,000 down; Balance @ 7 years; 6% interest; $2,921.71 monthly payment.

Quick Facts

Asking Price: $400,000
Annual Revenue: $365,800
Net Profit: Not Disclosed
Cash Flow: $108,338
Total Debt: Not Disclosed
FF&E: $334,454
Real Estate: Not Disclosed
Year Established: 1984
Employees: 4
BBN Listing #: 401243913
Broker Reference #: Not Disclosed

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Business Overview:

This bar has been in business since 1984. Well established customer base.

Current owners bought the business in 2016 and have taken it to the next level.

They out-grew the old location and moved to a newer and larger location.

OPEN ONLY 2 DAYS PER WEEK.

Sales & Cash flow represented are annualized based on January - June 2019

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Property Features and Assets:

4,000 square feet. Monthly rent is $4,000 per month. Lease expires February 2024. Deposit: $30,000

Reason for Selling:

Divorce

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.

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