Established (30 Years) Recently Updated Grove City Neighborhood Bar

Grove City, OH (Franklin County)

Seller Financing Available
Established (30 Years) Recently Updated Grove City Neighborhood Bar
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Asking Price: $144,900

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: $3,000*

Rent: $875 /Month

Established: 1989

*not included in asking price.

Established (30 Years) Recently Updated Grove City Neighborhood Bar

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Business Description

Great Location !! RENT IS ONLY $875 Per Month !!!!

This established recently updated neighborhood bar has served this desirable Grove City area for over 30 years. The bar has a D-5 (Beer, Wine, and Spirits) and a D-6 (Sunday Sales) liquor licenses as well as Keno.

The bar has a seating capacity of 80, and has a large wrap around bar with a beautiful new Granite Top which seats 35. Customers enjoy the updated sound system with Juke Box, updated bathrooms and fresh paint . This establishment boasts of 14 Flat Screen T.V’s (various sizes) an ATM, Juke Box, Pool Table, 3 Dart Boards and Vending Games. The fresh décor is visibly pleasing the moment you walk in.

You will be able to conveniently serve your customers with 9 beer taps, 2 – 9ft beer and wine coolers, Multiple Shooter machines and a Popcorn machine. More coolers are in the kitchen so you have ample coolers for all your customer’s needs. The kitchen is currently not being used but does have a 4 compartment sink and 7ft prep table.

Fantastic lease: TOTAL RENT ONLY $875 a month!!

Easy to make money with that rent !!

Seller has 2 other bars on the North end of Columbus. He purchased the bar in October 2018. He thought this would be a nice addition, but the distance and time has made him decide to sell. The Bar is currently open limited hours of:

Thursday, Friday, Saturday from 3pm – 2am but previously was a 7 day per week operation.

A new owner who is engaged in the community and the bar can take this newly renovated gem and pump it up to it’s full potential!!!

Potential SHORT TERM Seller Financing to Qualified Buyers having $100,000 down.

Please be discrete when visiting !

Attached Documents


Detailed Information

Location:
Grove City, OH
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,500
Lease Expiration:
10/31/2021
Employees:
1 PT
Facilities:
This is an upstairs established neighborhood Grove City bar located close to the corner of a very busy intersection. Great lease that expires October 2021 with rent of ONLY $875 Per Month. Seating for 80.
Financing:
Potential SHORT TERM Seller Financing to Qualified Buyers having $100,000 down.
Support & Training:
Seller is willing to provide support to insure a smooth transition.
Reason for Selling:
Seller has other businesses taking up his time.
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Business Location


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(from currently available funds)
 
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John Duncan

Business Listed By:
John Duncan

Jim Tharp Realty

Show Phone Number

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Sponsoring Broker:
Frank Nunziata

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