||Employees||1 full, 4 part
* 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|
|Sale Reason:||Owner’s construction business is growing and taking all his focus|
Seller Reference #RES052
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