Neighborhood Bar & Grill
Popular neighborhood bar with established clientele who is known for their great service and fantastic food! With 4000 square feet, full kitchen with hood system, seating for 108 inside and 30 outside, large outdoor area with fire pit, pool tables, 4 Lottery machines which did a net of $35k in 2018 and a net of $13k thru 7/27/19, this location has enormous potential and room for growth. The hours of operation are Monday’s thru Thursday’s 4:00 p.m. until midnight and Saturday’s and Sunday’s 10:00 a.m. until 12:30 a.m. There are 5 employee’s and an off premise owner. Lease is $4200 gross for 5 years with an additional 5 year option. There is opportunity for additional income by opening during the day and extending closing hours. All Buyer’s will be asked to verify funds and credit.
Olcc
FOP
Lease
$2887 NNN
Lottery
Yes
Employees
5
Lease Term
$4200 gross for 5 years with an additional 5 year option
Down Payment
$30K
Sba Financing
No
Square Footage
4000
Property Included
No
Lottery Net Income
$35k in 2018 and a net of $13k thru 7/27/19
Financials
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