Reason for Selling:

Retiring

Overview of the Business:

The main tenant of this property is a Sports Bar run by the Owner of the Center. The Bar business is included in the package, a Buyer has the choice of operating the Bar or selling it to create another tenant. The Bar has been established and continuously run for 40 years and includes a 4 COP license (allowing the sale of all types of liquor), valued at about $140,000.

Property Features and Assets:

Location Description: Zoning is Business. Net Operating Income: $140,000. Current & Prior Use: There are 4 individual businesses on the property. The price includes the operating business of the Sports Bar located on the premises. Current Property Expenses: R.E. Taxes are $11,375. Facilities: Property is 6 bays on a major street, all occupied.

Market Competition and Expansion:

Clientele is strictly blue collar - some second generation of very loyal customers. Pool and dart leagues as well as softball league create a camaraderie among the customers that make this bar a great place to hang out with new and old friends. The waitstaff are all long established and very friendly with the clientele. Seller will stay to train a new owner and help to make the transition smooth.

Additional Details: