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  • RE:  Turnkey Absentee Bar + 4COP | Long Lease
  • Contact:  Bob Leone

Quick Facts

Asking Price: $420,000
Annual Revenue: $317,740
Net Profit: $317,740
Cash Flow: $16,236
Total Debt: Not Disclosed
FF&E: $25,000
Real Estate: Not Disclosed
Year Established: 2011
Employees: 5
BBN Listing #: 938656
Broker Reference #: 170-08515

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Business Overview:

Turnkey Absentee Bar + 4COP | Long Lease | High Upside

100% ABSENTEE BAR / 4COP – TURNKEY – LONG LEASE – CASH COW POTENTIAL

Rare opportunity to acquire a fully built-out, absentee-operated bar with a 4COP quota liquor license. Long-term lease in place with 14+ years remaining (recently exercised option) and a tenant-favorable exit clause—an uncommon advantage.

Opened in 2020 and proven through the pandemic, this bar has established a solid, loyal customer base. The space was completely gutted and rebuilt from a prior bar, with significant capital invested—nothing needed here.

Revenue is driven by a simple, profitable model: drinks + entertainment. Features include pool tables, jukebox, darts, and arcade games (all on 50/50 splits). Limited food keeps operations lean and margins strong.

Includes a highly coveted 4COP quota license (full liquor, package sales, indoor smoking permitted), currently valued at approximately $350K, and fully transferable within the county.

TRUE ABSENTEE SETUP:

Manager works 6–8 hours/week handling deposits. Owner’s only role is ordering liquor. A hands-on operator can immediately increase revenue and
tighten expenses.

UPSIDE IS OBVIOUS:

Add social media, live entertainment, events, or expand food—low lift, high impact.

FINANCIAL NOTES:

• 2021–2022 show inflated insurance expense
• “Other” includes non-cash amortization
• 2023 does not reflect depreciation/interest

TERMS:
• 100% CASH DEAL ONLY
• Proof of funds + background + NDA required

BOTTOM LINE:

Turnkey bar, strong foundation, valuable license, and clear upside. Priced to move—this will not last.
20-year lease, 4-5 year options, option 1 just renewed, so 14+ years left, 1% per year increases, and a back out clause never heard of in favor of tenant.

Contact the Seller:

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.

Property Features and Assets:

Inventory: $12,000 (Included in the asking price).

Lease/Month: $4,227. Square Footage: 1,600. Building Type: End Cap Small Plaza. Terms & Options: 5 years with 3-5 year option. Expiration Date: 6/30/2025. Leasehold: $75,000.

The space was completely gutted and rebuilt from a prior bar, with significant capital invested. Features include pool tables, jukebox, darts, and arcade games, all with 50/50 splits.

Market Competition and Expansion:

Opened in 2020 and proven through the pandemic. This bar has established a solid, loyal customer base

Reason for Selling:

Downsizing portfolio. Kindly ask the seller for more information.

Additional Details:

  • The property is Leased.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

Relevant Links:

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