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Asking Price$140,000
Revenue$157,058 Established1984
Cash Flow$39,265 Employees1 full, 4 part
FF&E$50,000* FranchiseNo
Inventory$7,000* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Loyal clientele and tenured staff (1 FT & 4 PT [Average tenure is over 5 years]), this owner only works 1 day per week. Established in the middle of the city, with interstate access, providing a watering hole to all types of individuals. The bar is fully equipped with the furniture, equipment, and inventory that is needed; valued at $65,000! The chairs are comfy, and the bar is just dark enough to be cozy and intimate. The tenured bartenders have a warmth to them that you don’t see everywhere which is why customers make this a regular spot for happy hour. Professionals & Blue Collar, medium age (30-55) is the main demographic of this establishment.

The layout of the facility is comfortable and open with a sunken bar and plenty of seating options. This is a nostalgic establishment with a solid client base. The Owner is willing to stay on and train for a period of 90 days post sale, if needed.

There is a large growth opportunity for the business by starting a reverse happy hour program; this would begin drawing in the younger crowd (20’s). The business could also sponsor softball or other sporting teams in the area to grow weekday late evening hours.

Service Area: Within 1 mile from Interstate 80

Demographics: Professionals & Blue Collar ~ medium age (30-55)

Clientele: Several regulars with the draw of new customers

Employees: 1 FT & 4 PT (Average tenure is over 5 years)

Hours: Mon-Wed 12pm to 12am, Thurs 12pm-1am, Fri-Sat 12pm-2am & Closed Sunday

Current Owner’s Responsibilities: QuickBooks, Ordering and Monthly Scheduling (Only 1 day/week)

Assets Included in Purchase: $72,000
- Furniture & Fixtures: $40,000
- Equipment: $10,000
- Leasehold Improvements: $15,000
- Inventory: ~$7,000

*amounts may vary
Facilities:2,000 sq./ft. at only $2,500/month lease
Training/Support:90 Days
Seller Financing:15%
Sale Reason:Owner’s construction business is growing and taking all his focus
Ad #77780
Seller Reference #RES052
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Contact This Seller
Cortney Sells
The Firm Business Brokerage
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