Retail - Bars/Taverns

$Seller Financing Available

Asking Price	$265,000	Inventory	$5,000**
Gross Income	$300,000	Real Estate
Cash Flow	$100,000	Year Established	1985
FF&E	$30,000*	Employees	5 pt

* included in the asking price

** not included in the asking price

This is a local establishment that has been around for over 20 years. The establishment is a full bar and has 5 video poker machines. The bar has a limited menu that has frozen food that is micro waved or toasted. New Buyer can add more food items. All equipment, walk-in cooler and other machines stay. The customer base is local.

Facilities: The business is located in the Pearl district with high traffic counts and potential opportunities. The business is housed in a 1,750 sq. ft. building surrounded by other business with apartments above the tenants. The lease is $2,750 per month plus triple net.

Growth/Expansion: The owner has no formal marketing plan in place. The business is located in a high visibility location. It has a great location to market special events to increase volumes. A buyer can change the concept of the bar from being a local place to go or can increase the demographics and become fun destination bar.

Seller Financing Available: Yes

Financing: 30% down payment 7 year contract @ 7% interest

Support/Training: 30 Day Training

Reason Selling: 60 years old and wants to slow down.