Bar & Restaurant W/Live Entertainment – Attractive Rent! In Norwalk For Sale

Lease

$3,900 per annum

This Greater Norwalk area bar and restaurant with live entertainment and sidewalk seating boasts a loyal following due to its unique concept that helps to promote a stable patronage base, its live music and special event entertainment calendar, craft beer offering and chef driven menu offerings.

This 3,500 square foot leases for an attractive $3,900 per month on a secure lease until 4/2024 with options to be negotiated in the sale. All of the business’s furniture, fixtures, equipment and liquor license as well as live entertainment permit will be included in the sale. An estimated $5k - $10k in inventory will be sold at cost at close in addition to the purchase price.

This business may benefit from a seasoned onsite management team with restaurant, entertainment or general hospitality industry experience. The versatile layout may be readily adopted to any number of similar or entirely different concepts that can capitalize on this venue’s attractive overhead structure, liquor and live entertainment entitlements.

While bar, restaurant and live music venues exist in the popular entertainment district that is in Norwalk adjacent city, few occupy as prominent of high foot and drive by traffic locations and fewer still enjoy such a reasonable lease rate for such high-profile venues with similar entitlements. As such, this versatile business, which can thrive with any number of concepts, maintains a built-in long-term advantage over competitors.

Personal

Seller will train for 2 weeks at 20 hours per week or as negotiated.

Seller may consider a small secured carry to a creditworthy buyer based on their overall offer, qualificiations and to facilitate an SBA or other loan.