Local "dive" bar serving food, cocktails and live entertainment
Bayside area
This popular "dive" bar enjoys an excellent reputation in the area and has become a beloved local hangout. With great food, good drinks, and a perfect atmosphere for live entertainment and games, it has something for everyone. The owner is on-site for only about 10 hours a week, relying on a capable team to manage daily operations. Spanning 2,800 sq ft, the bar offers ample seating while still accommodating entertainment and game nights. It also features an outdoor patio and plenty of parking. This well-established restaurant boasts strong cash flow and offers numerous opportunities for further growth!

Número de listado:

23635

Categoría:

Bar/Liquor

Ubicación:

Bayside area
$599,900

Información financiera:

Ingresos brutos:

$641,107

Precio listado:

$599,900

Depósito:

$0

Ingresos totales:

$229,799

Año Establecido:

N/A

Información de arrendamiento:

Pies cuadrados:

2820

Renta Total:

$5,495

Vencimiento del arrendamiento:

02/2027

Opciones de arrendamiento:

1 x 5 year option

Información de activos:

Mejoras arrendatarias:

$118,000

Equipos / Accesorios:

$35,000

Inventario:

$1,500

Otros activos:

N/A

Información adicional:

Empleados de tiempo completo:

2

Empleados a tiempo parcial:

10

Licencia especial requerida:

Business License, ABC and Food handling

Personal contratado:

0

Periodo de entrenamiento:

2 weeks

Razón de venta:

Other unrelated business opportunities

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Timothy Johnson
Office: (757) 866-2321 | Cell:
License #:
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Local "dive" bar serving food, cocktails and live entertainment
Bayside area

Listing Number:

23635

Category:

Bar/Liquor

Location:

Bayside area

Listed Price:

$599,900
brokerPhoto
Timothy Johnson
Office: (757) 866-2321 | Cell:
License #:
This popular "dive" bar enjoys an excellent reputation in the area and has become a beloved local hangout. With great food, good drinks, and a perfect atmosphere for live entertainment and games, it has something for everyone. The owner is on-site for only about 10 hours a week, relying on a capable team to manage daily operations. Spanning 2,800 sq ft, the bar offers ample seating while still accommodating entertainment and game nights. It also features an outdoor patio and plenty of parking. This well-established restaurant boasts strong cash flow and offers numerous opportunities for further growth!

Financial Information

Gross Revenue:

$641,107

Listed Price:

$599,900

Down Payment:

$0

Total Income:

$229,799

Year Established:

N/A

Lease Information

Square Feet:

2820

Total Rent:

$5,495

Lease Expiration:

02/2027

Lease Options:

1 x 5 year option

Asset Information

Leasehold Improvements:

$118,000

Equipment / Fixtures:

$35,000

Inventory:

$1,500

Other Assets:

N/A

Additional Information

Full-Time Employees:

2

Part-Time Employees:

10

Special License Required:

Business License, ABC and Food handling

Contract Staff:

0

Training Period:

2 weeks

Reason for Selling:

Other unrelated business opportunities

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


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