Bar # 6 - Distress Sale
Phoenix, Arizona
| Asking Price: |
Gross: |
Cash Flow: |
| $85,000 |
Undisclosed |
Undisclosed |
Furniture and Fixtures Value:
$100,000 (included in the asking price)
Business Summary:
THIS IS A DISTRESS SALE! OWNER MUST SELL. This bar was voted #1 Neighborhood Bar in Central by the New Times. It features a separate room for DJ & Dancing. Also perfect for birthday parties & other events. The main bar has a pool table & TV sets for the sports fans. Kitchen is fully equipped but has not recently been used. Capacity is 140. Due to personal problems the owner has had to close the bar. This is a great price at $100,000. The #6 liquor license is worth $80,000 by itself.
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| Year
Business was Established: 1980 |
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| Facilities / Terms of Lease:
3000 sq ft. Monthly rent $2,750. Lease expires March 2013 & has a 5 year option to renew. Lease deposit is $2,400. |
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| Owner
willing to train:
1 week |
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| Reason for selling:
Personal Problems |
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| REQUEST MORE INFO |
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