Business Summary:
This is a busy neighborhood bar and lottery with 2 apartments upstairs. Each apartment rents for $200/week and brings in $20,800 annually. The business and real estate can be purchased for $715,000. Business only will sell for $275,000. The liquor license is a 7 day on-off from 6:00AM-2:00AM. The tavern business is good and lottery is strong. More information is available on the business and real estate.
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| Year
Business was Established: 1994 |
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| Number of Employees:
3 |
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| Facilities / Terms of Lease:
Built in 1920; 3349 total square feet; generally good condition; zoned B2-2; Bar on !st floor, 2 apartments on 2nd and 3rd. Tavern License is 7 day BWL on/off (no food required); strong lottery; Seller will also consider selling the business only for $275,000; with rent of $1500/mo.NNN for the first floor. |
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| Potential
Growth/Expansion:
License permits both package goods sales and Sunday sales,which would increase revenue if it was advertised. |
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| Competition:
The business is in an area that has seen a great deal of recent redevelopment, and has a steady loyal clientele. |
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| Owner
willing to train:
The owner will provide training in all facets of the business. |
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| Reason for selling:
The owner wishes to retire. |
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Seller Reference Number: bm960430672
BusinessMart.com Listing Number: 39783 |
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on this business
please fill out the form shown right 
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