Seize an extraordinary opportunity to acquire this popular Bar for Sale and fast-track your entry into the business world next month. This establishment serves as the perfect canvas for transforming your restaurant dreams into reality. Boasting impressive sales already in place, reaching $1.3 million, the potential for growth is substantial by expanding operating hours and days. Currently operating only 30 hours per week, increasing the hours represents a straightforward strategy to boost sales significantly.
This is your chance to secure an existing Restaurant and Bar for Sale at a limited investment, with lending options available for qualified buyers. With the right vision and drive, you can turn your restaurant dream into a reality at this fully equipped location, awaiting a new owner or a fresh concept. While it currently operates as a turnaround situation, not yet cash flow positive, the establishment has demonstrated its potential by generating substantial sales.
An onsite owner/operator holds the key to making this turnaround situation profitable with proper oversight. We Sell Restaurants is offering this Bar for sale that could be the blank slate you need to build a new concept. Prospective buyers will be delighted to discover that the fully equipped commercial kitchen is the powerhouse behind the incredible sales. The property comprises a large, free-standing building spanning 7300 square feet, with a current lease rate of $9,000 per month. A new lease will be negotiated upon purchase, providing flexibility and favorable terms.
By opting to purchase this existing restaurant space, you can bypass the hassles and costs associated with starting from scratch. Bring your unique concept to life when you invest in this Bar for Sale. Don't miss out on this opportunity—call now to draft your offer and set yourself on the path to being in business tomorrow!
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Lease Term: Valid through 2028 with 2 five year options to renew
Monthly Rent: $9000,
Indoor Seating: 275
Inside Sq. Ft: 7300,
Hood System: Yes
Hours Open: Tuesday to Thursday 4:30 To 9;00 PM.....Frida
# of Part-Time Employees: 8
# of Full-Time Employees: 8
Net Sales: $1300000.00