Fully Renovated Bar with full entertainment License - 37685

Financing

$299,000 Down and $200,000 for 36 months at 9%

Business Description

This Unique Bar is recently renovated at the cost of over $300,000. It has full entertainment license, which is used for live DJ & dancing. New Buyer has option to lease or buy the property directly from the seller. ( Property comes with another paying tenant). This business has recently added door dash, grub hub and uber eats. So, the business will surely flourish. Extremely busy place during peak hours. Business has 22 car parking and another 100 cars parking available very very close by which is used daily. This is a commercial area and safe place, getting 70% women customers. Nice wide bar, dance and DJ with pool tables. There is potential and space to put 3 more pool tables in the open space downstairs. This business has mostly all part time workers including security gaurds and 8 available DJs. Beautiful outside patio with hookah license. The license value of this place is in several hundred thousand dollars( No more similar business license will be issued and extended hours like this business) and seller has spend ton to make this place a go to bar for the locals. Other income comes from your own ATM, Lotto commission and Pool Table income. Seller has offered generous terms with the down payment.

For more info, contact the broker, Amit Desai at 860-680-4371

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Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.