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Asking Price$925,000
RevenueUndisclosed Established1972
Cash Flow$250,000 Employees4 full-time
FF&E$200,000 FranchiseNo
InventoryUndisclosed RelocatableNo
Real Estate$1,325,000 Home-basedNo
* Included in Asking Price
UNIQUE COLLEGE BAR, DANCE CLUB AND LAKEFRONT PROPERTY.

The business has been in continuous operation for more than 40 years.

It caters almost exclusively to local college students.

Students are typically bused into the local town and picked up by a continuous bus run back to campus.

The business is the only location in town that offers dancing.

The business is nationally renowned and for the last 3 years has been named one of the top 50 College Bars in the US.

This is a true turnkey sale as the bar is equipped with every imaginable item and gadget needed to run an efficient bar operation.

Additionally it is equipped with a state of the art sound system.

Company has a detailed operating manual that describes all processes, procedures and systems.

The new owner will find that 40 years of hands on experience is reflected in the manual.

The second floor apartment is fully furnished and in move in condition.

Business Price

$925,000

Commercial Real Estate

$850,000

5250 SF. Fully furnished 5 bedroom apartment for college rentals. Property in superb condi on. Abso- lutely no deferred maintenance.

Revenue

$420,200

Lake Front Home

$475,000

2 lots 2250 SF home. Completely modern and up- dated 4 bedroom, boat dock and 2 out buildings.

Cash ow

$250,000

Hours of Opera on


M, W, T, F, S, 11 PM – 2 AM Closed in summer and on all school holidays, spring and winter breaks. (Business is in operation 8 months out of the year).

FFE: (Inc.)

$200,000
Facilities:Square Footage: 10000 Type of Location: Stand Alone Facilities: Building and business are located in a well known small North East College Town. This is a 5250 Square Foot Building with the business on the main floor, and a fully furnished 5 bedroom apartment on the 2nd floor. There is a semi- finished, well laid out and organized basement used for storage. Paved parking area with 22 spaces. All systems and equipment are in excellent condition and of the highest quality. The property is in pristine condition. Absolutely no deferred maintenance. In addition to the commercial building and business the sale includes beautiful lake front property with 2 lots and completely modern and updated 4 bedroom, 2250 SF home, boat dock and 2 out buildings. The out buildings are currently used as an art studio and boat storage and gardening building. The house is being sold fully furnished.
Competition:EXTREMELY LIMITED
Growth Potential:UNLIMITED
Training/Support:COMPLETE TRAINING AND SUPPORT INCLUDED IN SALE
Seller Financing:NEGOTIABLE
Sale Reason:RETIREMENT
Ad #88382
Seller Reference #C2180415
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MEL LISITEN
LISITEN ASSOCIATES
212 661-4160
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