Profitable Bar on Major University Campus
Established Main Street Bar and Property
Well established and profitable bar without food. The business offers entertainment and a different function every day of the week and live music on the week-ends. This attractively designed bar is known as a nice casual place to hang out and relax while enjoying a drink or playing a game or listening to live music. A very unique service of the bar is the 42 different self pour taps of wine and domestic, imported and craft beers. There is also a liquor bar that is 40% of the total sales. Upon entering the business, the customer will show their license and credit card to establish a tab and then they are given a bracelet that allows them to dispense their choice of beer or wine and be charged by the ounce. The bar offers in-house games such as trivia, karaoke, open mic, cornhole and live music on the weekends. The community has accepted the business and all types of parties and events are hosted at the location. Being a university town, the college students as well as the local community make up the majority of customers, however, the faculty and university associations as well as the fraternity and sorority community use the business for events, meetings and entertaining guests and potential memberships. The business has also been used by the athletic department to entertain potential players and their families. The location is close to the football stadium and is a popular destination for fans on game day. This is a turnkey sale that includes all furniture, fixtures and equipment. The sale also includes the property which is located in the center of town and is a refurbished 180-year-old building that housed a retail drug store for the majority of the years. The building was gutted completely and new plumbing and electrical was installed and the walls and ceiling were restored to expose the original brick. This is truly a historical building that is a cornerstone of the community. The property is included in the sale and along with the business should qualify for an SBA loan. Included along with the restoration of the building was the installation of automations and systems in place that allow an owner to be absentee and still manage the business. There are seven full time employees that have been with the business since the opening of business in March of 2023. A video of the business and property along with sales information are available to qualified buyers.
