Complete Bar With Residence, Lots Of Extras
Location:
United States
->
Idaho
Industry: Bars and Nightclubs > Bars and Pubs
Business Summary
Friendly bar for sale in historic building, small but growing town. Loyal customer base, doing well in spite of recession. Two story building zoned commercial downstairs and upstairs residence zoned residential. 1,800 square ft lower and same upper. Brick building built in early 1900's like the other buildings on street. Building appraised at $247k. Steady income and steady customers. Sale includes liquor license and all other licenses. Located on one of the busiest corners in town. Has patio area in back that is included in the liquor license and and be used for building expansion it also has good parking for a downtown business. Upstairs has large windows for lots of sunshine. Our town is located 30 miles away from the capital city for access for all supplies and needs but far enough away that we do not have to deal with big city problems. We have licenses for beer, wine, liquor, cigarettes. All furnishing in bar are included in the sale. Furnishings in upper story residence are not included. Sale includes inventory.
With a large enough down payment, we could finance the balance. This can be most any small retail business or remodeled into an office. Bar and upper residence have separate entrances. Lower and upper story are on the same electrical meter, water meter and gas line. Central air, central heat. Bar has newer 3 1/2'' wood beam bar top, walk-in cooler, plenty of tables and chairs with extras available, neon signs, mirrors, carpeted floor. Bar comes with pool table, karaoke system with $30k worth of songs with discs, sound system, two outside illuminated sign marquees, and dart board. All other video games, one dart board and internet jukebox are leased from a local company. We have a Lincoln Towncar limo that is included in the sale that is used to take customers home and pick up large parties. We would be on hand to help and advise the new owners get started and meet the community. Asking $325K. Email or call 208-724-9797.
Financials
Asking Price Range: $250K - $500K
Gross Revenues:
$256,000
Cash Flow:
$256,000
Cash Flow Type: Sellers Discretionary Cash
Inventory: $80,000
Seller Financing: Yes
About The Business
Year Established: 1997
Number of Employees: 4 - 5
Relocatable: Not Disclosed
Franchise: No
Current Real Estate: Owned
Property: Property For Sale
About The Sale
Management Training and Support: To be negotiated.
Reason For Selling: Retirement.
Click on the "I'm Interested" button above for more information on this Bars and Nightclubs > Bars and Pubs business for sale.
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Print Listing Id: 700110704
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