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Neighborhood Lounge

Prescott, Arizona (Yavapai County)

Retail - Bars/Taverns

Asking Price $159,000 Inventory  
Gross Income Not Disclosed Real Estate  
Cash Flow Not Disclosed Year Established 1990
FF&E $60,000* Employees 4

* included in the asking price

** not included in the asking price

Neighborhood bar and lounge in Prescott, Arizona, a traditionally high growth part of the state. This is a good neighborhood bar and good neighborhood location. Has #6 bar license which permits full alcohol service with no food sales required. #6 also permits to go sales. Good street visibility, easy access. This business is ready for a working owner. This bar is well known and has been serving the neighborhood for over 19 years. Ask Broker for financial information.

Facilities: 1900sf building leased at $1700 per month. Renewl terms are negotiable.

Competition: Neighborhood bars in Prescott are reasonably well spread out and typically serve their own neighborhood with some draw from outside the neighborhood. There is competition but not extremely close to this location.

Growth/Expansion: Will work best with full time owner/operator. Visible location and good relatively high density neighborhood should provide ample customer base.

Support/Training: Two weeks, not to exceed 25 hours per week.

Reason Selling: Other interests.

Business For Sale By

Brian Harron

928-541-0890

Sunbelt Business Brokers of North & Central Arizona

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