Retail - Bars/Taverns | Retail - Restaurants

Asking Price	$250,000	Inventory	$4,000*
Gross Income	$455,000	Real Estate
Cash Flow	$90,000	Year Established	1987
FF&E	$65,000*	Employees	13

* included in the asking price

** not included in the asking price

This bar has been a historical destination for live music in eastern iowa for over 20 years. name a band and they have graced the stage of this property. the beer garden/concert venue is one out of a handful of drinking establishments with an outdoor seating area that can hold up to up to 100 people. this venue is like new with recent upgrades such as a new firewall and emergency exiting from the 2nd floor on the rear of the building. plumbing upgrades, beer garden was added, new furniture, fixtures & concert sound system. this property has an attractive lease!! there are 2 years remaining on the current lease for $5k a month. there are two 5 year options that have already been negotiated, the first up's the rent to $5,500 and the second to $6,000. these rents are well under fair market. property owner mentioned selling the building in the next couple of years.

Facilities: This is an astonishing bar with a beer garden down stairs and a concert venue upstairs.

Growth/Expansion: This bar is near the campus of a big ten conference college and the downstairs bar could benefit from this if turned into more of a sports bar.

Support/Training: Owner will provide all training

Reason Selling: Owner Wants To Focus On His Other Business