Business Overview:
This popular bar has been around for decades and has been completely renovated. Full liquor license to be transferred. Steady neighborhood clientele with locals, local workers, college students, tourists, sports groups, etc. Permit for 54 seats, bar, booth and counter seats. Offered with the real estate which also includes a rental apartment unit.
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Property Features and Assets:
Two story building overlooking the New Bedford harbor. Bar occupies 1,662 square feet on the first floor with two restrooms and a small kitchen. The second floor contains a rental unit consisting of two bedrooms, a kitchen, a bathroom, a den and storage. A third-floor unit is unfinished. There is plenty of on street parking. The real estate ($425,000) is included in the asking price.
Market Competition and Expansion:
Bringing back food to the mix would be a welcome addition for the patrons.
Walkway from new MBTA Station will be across the street.
Reason for Selling:
Retirement
Additional Details:
- The property is owned.
- 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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