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Neighborhood Bar and Lounge

Prescott, Arizona (Yavapai County)

Retail - Bars/Taverns

Asking Price $120,000 Inventory  
Gross Income $289,867 Real Estate  
Cash Flow $23,394 Year Established 2001
FF&E 60000* Employees 4

* included in the asking price

** not included in the asking price

Well known and long term successful neighborhood bar located on very high traffic count state highway, close to Prescott, AZ. Has full bar license which allows both on premise and to go sales. Very visible, easy to access location with plenty of parking. Full patio, has entertainment. Very clean and well maintained. Lots of upside potential for savvy owner operator. Opportunities may exist in cost of goods and labor cost to improve bottom line. Priced very competitively for #6 bar. Will listen to any reasonable offer.

Facilities: 3500sf building leased at $4477 per month. Simple operation to run. This is a #6 bar, full liquor, no kitchen. All in very good condition. Easy and efficient operation to run. Equipment list available.

Competition: Good neighborhood bars do quite well in this part of Arizona. There are several other neighborhood bars close by that also appear to be doing well.

Growth/Expansion: Very good given the historic residential and commercial growth in the immediate area. Highway frontage with excellent visibility will always help this very clean and orderly neighborhood bar.

Financing: Owner will consider financing qualified buyer.

Support/Training: Two weeks.

Reason Selling: Other interests.

Business For Sale By

Brian Harron

928-541-0890

Sunbelt Business Brokers of North & Central Arizona

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