HS Listing ID-66912
Excellent opportunity to start your restaurant without the time and cost of a buildout!
Asset SALE Asking Price: $130,000
A chance to acquire a fully equipped and operational bar, restaurant, and pool hall with strong fundamentals and growth potential. This well-established business operates in a high-traffic downtown area and includes a spacious venue of approximately 4,760 sq. ft., seating over 200 patrons across indoor, outdoor, and bar seating.
Located in the heart of the well-known College Area, this business benefits from a vibrant, year-round customer base and steady foot traffic. It is within short distance of major colleges
Full liquor license included
POS System: Toast
Modern kitchen equipment and bar systems – all in excellent or near-new condition
Strong asset value: walk-in cooler, griddle, convection oven, sound system, TVs, and more
Experienced manager in place,
with 2 years of tenure and may be willing to stay
Favorable lease terms with renewal option
Equipment & Assets
Kitchen Equipment (mostly gently used unless noted):
Blodgett Convection Oven
True Freezer
TurboAir M3 Refrigerator/Food Station
CookRite Griddle (Model ATTG-48)
Pitco Frialator
Warming & Prep Station
Commercial Microwave (new)
Chest Freezer
Walk-in Cooler
Hood & Ansul System
Ice Machine
Additional Equipment:
Almost new washer & dryer (installed)
Horizontal beer cooler (1.5 years old)
Sound system (speakers, sound board, cables – installed)
3 new TVs
Monthly Operating Expenses
Rent: $6,240
Electricity: Approx. $800
Water: $200
Gas: $200
Phone/Internet: $244
Taxes (City/State/Local): Approx. $1,100
Property & Lease Details
Monthly Rent: $6,240
3 Years Remaining on Lease
5 Additional Years Renewal Option
Annual Rent Increases: Approx. 0.5%
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
