Sports Bar With Patio Liquor License In Phoenix For Sale

Business description

There is a lot going on in this hopping neighborhood Sports Bar! Features Comedy Shows & DJ & Dancing on Friday nights; Bands on Saturday nights & all Sporting events year round! the menu is easy but full & the kitchen stays open til 2am nightly. Seller started this business from scratch (previously a Pizzaria at this location) & has operated it as an absentee owner fairly successfully. He has recently decided that with a full-time job & owning 2 other businesses, he is ready to cut back a little. This is the only Sports Bar in the immediate area.

Property information

Real Estate:

Lease

Lease terms:

Monthly rent $12,000. Lease expires in 2013. Seller suggests negotiating a new lease with the Landlord.

Size in square feet:

6,700

Business Operation

Reasons for selling:

Owns 2 other businesses & has a full-time job.

Trading hours:

Sunday through Saturday 11 am - 2 am

Employees:

2- pt

Years established:

8

Other information

Support & training:

2 weeks

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

$250,000 down payment. Balance @ 8 years; 6% interest

Furniture / Fixtures value:

$190,000 (included in the asking price)

Inventory / Stock value:

$25,000