Business For Sale

Turnkey Bar w/ Parking for 22

Not Disclosed, RI

Asking Price: Annual Revenue:
$19,800 Not Disclosed

Food & Beverage: Bars, Clubs, Nightspots

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RE: Turnkey Bar w/ Parking for 22 Broker: Seller of Business

Quick Facts

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

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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.

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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:


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.

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