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German Village Bar

Columbus, OH (Franklin County)

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Asking Price: Get Financing: $85,000

Cash Flow: $1

Gross Revenue: $200,000

EBITDA: $1

FF&E: $30,000

Inventory: $10,000*

Lease Rate: $3,000 /Month

Established: 2015

*not included in asking price.

German Village Bar

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Business Description

Established local neighborhood bar on the South side located near German Village. The bar sits on a heavily traffic main road with over 18,000 VPD. Great walking neighborhoods nearby that have developed clientele base for this location. This is an easy turn-key operation for an owner / operator to seamlessly take over and continue to develop.

Attached Documents

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
2,040
Lease Expiration:
5/1/2018
Employees:
5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Bar / Nightclub with over 2,000 Sf of space that accommodates up to 70 patrons inside and a small covered patio that can hold 20 people. Location has a bar with a D5 liquor permit (D6 can be added on through ballot). There is a stage for live entertainment and DJ booth.
Competition:
Very little immediate competition in the surrounding market for this type of operation. Great opportunity for an owner / operator to walk-in and take over the current business and build upon what as already been established.
Growth & Expansion:
Location has parking and is close to residential locations allowing for development on local clientele business.
Support & Training:
Owner will offer some on-site training for turn-key operation.
Reason for Selling:
Owner is looking to retire
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(from currently available funds)
 
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Brett Post

Business Listed By:
Brett Post

Sokol & Associates

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