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
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: