Popular Bar & Grill with Lottery!
Just Listed! After 20 years Sellers are retiring! Established well known Bar that is popular with all the locals and surrounding areas for being a staple in the community since 1923, their gorgeous 20 foot back bar, fantastic food, specialty drinks and pool leagues. This location has 2944 square feet, full kitchen with hood system, full liquor license, 5 Lottery machines which did a net of $58k in 2021 and a net of $36k through October of 2022. This is the hot spot to play pool on one of their four pool tables or join one of their leagues or tournaments. Karaoke is also another popular attraction on Saturday nights. There is a solid long term staff in place with 8 employee’s. Hours of operation are 11:00 a.m. until midnight Tuesday through Sunday and closed on Monday. Lease is $5439 per month including triple net charges. Additional revenue can be made by opening additional hours. This is a great opportunity and is turn key operation. All Buyers will be asked to verify funds and credit. Seller will discount price for cash to $125k!
Olcc
FOP
Lease
$5439 NNN
Sq. Ft
2944
Lottery
Yes
Property
No
Employees
8
Cash Price
$125k
Down Payment
$30K
Lottery Net 2021
$58k
Hours Of Operation
11:00 a.m. until midnight Tuesday through Sunday and closed on Monday
Lottery Net Oct 2022
$36k
Reason for Selling
After 20 years Sellers are retiring!
Financials
Interested in this business?
Get in touch with the seller to ask questions and learn more.
Get Expert Help with your acquisition
Connect with an advisor who can guide you through evaluating, financing, and closing the right business acquisition.
Similar Listings

Profitable Franchise Juice & Coffee Café with Expansion Rights

Fully Remodeled Fast Casual Restaurant Q1 2025
