| Asking Price |
$75,000 | Inventory |
tbd** |
|---|---|---|---|
| Gross Income |
$195,000 | Real Estate |
|
| Cash Flow |
Not Disclosed | Year Established | 2006 |
| FF&E |
N/A | Employees | 6 pt |
* included in the asking price
** not included in the asking price
A great spot in a shopping center with excellent access to the facility, easy to manage and operate for a new owner, up to date on requirements to operate a bar in the State, nightly entertainment, densely populated area of 21 and over patrons. The business includes everything but inventory (inventory cost dollar for dollar at settlement).
Facilities: 4,000 sf+/-, lots of parking, located in a shopping center, 3rd year of operation, excellent lease through 9/2011, with two 5-yr options, pays share of per rata of common areas, furnishings and equipment included in sale price.
Competition: This licensed bar has a distance prohibition by State law; therefore, competition for another bar in close proximity is illegal. License is transferable with proper approval.
Growth/Expansion: This business has strong growth potential in the community. The proper owner/operator can continue to enhance with entertainment, tournament, sporting events.
Financing: Seller will negotiate note depending on down payment.
Support/Training: Seller will provide ample training.
Reason Selling: Seller is retiring.

Joe Latina or Mary Ann Heesters
302-622-3512 or 3509
Patterson Woods Commercial Properties
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