This business presents an acquisition opportunity to own an well-established, semi-absentee owned bar with full liquor(ABC-Type 48) license.
This business establishment with seating capacity of about fifty(50) attracts patrons for a quick round of drinks at lunch to a fun filled night out with friends and family.
Upon arrival, this establishment pampers its guests with a selection of draft beers on tap, a full bar, music, multiple flat screen televisions, pool tables, providing an enjoyable entertainment atmosphere.
Additionally, current ownership dedicates almost no time and resources for advertisement and promotion of this business and most of its clientele is established repeat or referral, therefore, upside potential, additional revenues and resulting higher bottom line may be realized by actively engaging in advertisement campaigns and utilizing social media.
Incoming buyer may take this business to new heights as the current owner does not even accept credit cards and is limited to cash sales only. Therefore, a simple change of accepting credit cards may result in higher sales and a corresponding higher bottom line.
Located on a busy intersection ensures steady volume of traffic. Growth in surrounding area may result in higher traffic and added future potential.
Seller has offered this business for sale after over forty-one(41) years of ownership at retirement age.
Seller has offered owner financing for a qualified buyer with only $125,000 down payment.
Very low rent, low overheads, clean books and records, simi-absentee ownership, busy street location along with opportunity for expansion and growth presents a great acquisition opportunity.