Colorado Springs Bar for Sale with Live Music Venue - Excellent Rent!
This bar for sale is located just off a main east / west thoroughfare in Colorado Springs near downtown, this sports live music venue is ready for a new owner to take it to the next level. The bar for sale by We Sell Restaurants features good signage, visibility and parking. It has an outdoor patio and a small dining room area separate from the main bar and stage area that is works well for families and kids.
The fully equipped commercial kitchen complete with hood system with fire suppression, plenty of hot and cold storage and a grease trap would support nearly any menu. There is an abundance of extra space as there is a full-size basement that runs the entire length of the space.
Two separate stages accentuated by a state-of-the-art $28,000 sound and lighting system are included in the bar for sale opportunity. There is even a ''green room'' or VIP area adjacent to the stage. The horseshoe shaped area for drink services seats about 12 and the space has pool tables that are owned - not leased. The main room has capacity for about 120 people. There is an extensive camera and alarm system to protect your interest in this bar for sale. .
The real value on this bar for sale deal is the one-of-a-kind lease. You get about 4000 square feet for only $3200 per month. Wait for it, because it gets better! That price includes all common area charges, all water, gas, trash and most of the electricity. Only a small amount of the total space is metered and billed to the lessee. Total utility bills run about $200 per month.
For the size of the space this is the best occupancy deal your Certified Restaurant Broker has seen. With a total occupancy cost of under $3000 per month your break even sales number is only about $4000 per week and there is no reason a new owner could not do 4-5 times that amount and make themselves a ton of money in the process.
This bar for sale business is currently profitable but the Seller wants to keep the Tradename, signage, web pages, recipes and current concept so a new owner will simply have to rename and ''re-brand'' the concept to their own special whims.
The Seller will sign a non-compete agreement that works for both parties. However, since it is the location and assets for sale and not the business there are no past financials available for this deal and prospective Buyers will have to be comfortable with that.
Please click on the tab below to easily acknowledge confidentiality on this Bar for Sale. For many business opportunities, you will immediately receive the name, address, photos, and most recent financials. If you have any questions, please contact Certified Restaurant Broker Bob Steinberger at (303) 901-4938
This is an exclusive listing of We Sell Restaurants who is the rightful owner of all intellectual property associated with this website. This may not be duplicated without the express permission of We Sell Restaurants. We Sell Restaurants is a federally registered trademark.
- Listing#: 6397
- Price: $69000
- Location: Colorado Springs
- Colorado Springs Sports Bar for Sale
- Great Live Music Venue!
- Two stages with $28,000 lighting and sound system
- Great rent deal and low, low occupancy costs
- Almost all utilities included in lease
- Fully equipped commercial kitchen
- Full Liquor, Wine and Beer license
- Outdoor patio
- Bar for Sale