Great neighborhood bar that also happens to have a liquor store or packaged liquor option. The business has been around for many years and has undergone some modernization in recent years. In addition to the business entity, this sale also includes all furniture, all fixtures, all equipment, all cash flow, and the real estate is also included with free parking on-site as well as lots of street parking all around the business location.
This business has a lot of interior space that can be used in many different ways by the new owner as they see fit. The current bar itself where people sit and are served can be used as it currently is or it can be expanded to accommodate two or three times as many bar stools. More four-top or other tables can also be added to accommodate more customers. Billiards or gaming areas can be added or expanded if needed. The business currently has modern large windows all along the main seating area that are opened for the popular indoor/outdoor experience, which can also likely be expanded. An outdoor patio can also be added according to the seller. A building addition adding another floor above the existing space may also be possible.
Key upside for new owner
Profitable Bar with Liquor Store
+ Great liquor license
+ Carry out allowed
+ Late night Saturday hours
+ Long history in business
+ Real Estate included
+ Parking on-site
+ Plenty of additional street parking
+ Busy high traffic location
+ Indoor/Outdoor windows
+ Flexible business model
+ Flexible interior space
+ Lots of storage
+ Camera system
+ Training and support from seller
+ Much more…
- Purchase Price: $699,000.00 + inventory
- Inventory Value (approximately): $30,000.00
- Annual Gross Sales (approximately): $400-$500K or more expected
- Annual Cash Flow to Owner (approximately): $100-$150K or more expected
(Owner cash flow depends if owner is active or absentee and how the bar is operated etc.)
- Hours of operation: Sunday – Friday 12(noon)-2AM, Saturday 12(noon)-3AM, opens at 11AM for Bears games
** This sale and the business location are confidential. In order to accommodate prospective buyers, the location details as well as in-person meetings with the seller are being scheduled once a confidentiality agreement is in place and the financial ability of each buyer has been established.
Please contact Dennis for more details at the email and phone number listed below.
Contact: Dennis Hansmann (President/Managing Broker/Owner) firstname.lastname@example.org or 312-360-1955
Total Sales: $500,000
Cash Flow: $150,000
Inventory: $30,000 (Included in Price)