Retail - Bars/Taverns | Retail - Restaurants

Asking Price	$275,000	Inventory	$10,000*
Gross Income	$500,000	Real Estate
Cash Flow	$75,000	Year Established	2006
FF&E	$140,000*	Employees	17

* included in the asking price

** not included in the asking price

Located in the heart of a main commercial district in NE, this well established restaurant / bar has a great a university clientle, and good local clientle. It has a tavern license along with a entertainment license and patio license. It is the longest running bar in the area, and has been newly renovated with a brand new, state of the art audio-visual system. It has a newly built stage area that has the ability to host live music acts and comedy shows or be used as a lounge or private party area. There is a DJ every Thursday, Friday, and Saturday. There is a large bar area, with seating for over 100 people. There are five beers on tap, and plenty of storage space. The atmosphere is friendly, relaxed and comfortable. This is a great opportunity for someone looking for an owner/operator operation.

Facilities: Lease at $4,200 p/mo expires in 2016 with 2 five year option for 4,300 sf occupancy of up to 150 people. Street parking.

Competition: Not a lot of competition in the area

Financing: Some to a experienced buyer

Support/Training: Seller will assist the buyer with a reasonable training/transitition period

Reason Selling: Has another bar they are expanding and do not have the time for this one