Rare Arts District theme bar with a rich history, exceptional visibility, and heavy walk-by traffic. Located in one of the city’s most vibrant and rapidly growing areas, this established venue is surrounded by popular restaurants, shops, residential developments, and a thriving live music scene that attracts locals and visitors daily. The business offers approximately 1,900 sq. ft. of interior space, a front patio, along with an additional 1,500 sq. ft. back patio, providing an impressive amount of outdoor space for gatherings, live entertainment, special events, and high-margin private functions. Small, functional kitchen, very Flexible event space, Excellent visibility and strong pedestrian traffic. Opportunities to enhance the concept, add entertainment nights, expand events. Seller is motivated — bring your offer! Opportunities like this, with established recognition, prime visibility, and substantial indoor and outdoor space, are rarely available. So much potential!
- Asking Price:
- $555,000 Furniture / Fixtures included
- Sales Revenue:
- $1,171,036
- Cash Flow:
- $288,726
Property Information
- Real Estate:
-
Lease
- Premises Details:
-
This is a leased location of 1,927 square feet with a Total monthly rent of $7,073. Lease ends 09/2027 with 2 options of 24 months. Seller is active with 2FT and 3PT employees. Hours of operation are Mon-Wed 3pm-12am, Thur 12-12, Fri-Sat-12-2am, and Sun12-11pm. $190,000 in FF&E included in the asking price. $90,000 made in leasehold improvements. City Liquor license required.
- Size in square feet:
- 1,927
Business Operation
- Reasons for selling:
-
New Ventures
- Trading hours:
-
M-Wed 3pm-12am, Thursday 12-12, Fri-Sat-12-2am, Sunday 12-11pm
- Employees:
- 5
- Years established:
- 6
Other Information
- Support & training:
-
Two weeks
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Furniture / Fixtures value:
- $190,000 - included in the asking price
