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Lounge/Bar, Great Opportunity, transfer license, turn key to Success

Milford, Delaware (Kent County)

Retail - Bars/Taverns | Retail - Other Eating & Drinking Places

Asking Price $100,000 Inventory tbd** 
Gross Income $212,416 Real Estate  
Cash Flow Not Disclosed Year Established 2006
FF&E N/A Employees 7 part time

* included in the asking price

** not included in the asking price

A great spot in a shopping center with excellent access to the facility, easy to manage and operate for a new owner, up to date on requirements to operate a bar in the State, nightly entertainment, densely populated area of 21 and over patrons. The business including everything but inventory is a BARGAIN. Interested buyers must provide BROKER'S CONFIDENTIALITY AGREEMENT, and proof of funds to purchase.

Facilities: 4080 sf+/-, lots of parking, located in a shopping center, 2 years old, excellent lease through 9/2011, with two 5-yr options, pays per sf for common areas, furnishings including equipment included in sale price.

Competition: This licensed bar has a distance prohibition by State law; therefore, competition for another bar in close proximity is illegal.

Growth/Expansion: This business has strong growth potential in the community, less than two years old and has already been profitable.

Financing: negotiable

Support/Training: Seller will provide ample training.

Reason Selling: Seller owns bars in New Castle County and want to concentrate in this area.

Business listed by

Joe Latina or Mary Ann Heesters

302-622-3512 or 3509


Patterson Woods Commercial Properties


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