Major Ft. Lauderdale Sports Bar with Real Estate

Bill Ciano
Ft. Lauderdale - Broward County
30628054
Food & Beverage: Bars, Clubs, Nightspots
$1,295,000
1968
5
$450,000
$140,000
$NA
Not Disclosed
$NA
Not Disclosed
Not Disclosed
 

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Reason for Selling:

Retiring.

 

Overview of the Business:

The Bar is known throughout the area as a good old boy Bar with very successful pool and dart leagues. The area is Blue collar with a loyal clientele giving the feeling of a club house. With ownership of the center, Buyer has the option of extending in any direction to increase space as well as to add a liquor store for which he already has the license. This is a fabulous opportunity for a 'friendly type' person to make an exceptional living in this community.

 

Property Features and Assets:

Bar is 2,550 Sq. Ft., the center is about 6,000 sq. ft. with 3 tenants paying rent. Support/Training: Seller will stay to train at no cost to Buyer for two weeks after close, any additional time will be at a negotiated compensation.

 

Market Competition and Expansion:

Competition: The Bar has a long established pool league and dart league and is known throughout the area. Growth/Expansion: The Bar owns a $150,000 liquor license which allows for the addition of a bottled liquor store which should have much success here.

 

Additional Details: