Listing ID: 66912

Business Overview

Excellent opportunity to start your restaurant without the time and cost of a buildout!

Asset SALE Asking Price: $79,999

A chance to acquire a fully equipped and operational bar, restaurant, and pool hall with strong fundamentals and growth potential. This well-established business operates in a high-traffic downtown area and includes a spacious venue of approximately 4,760 sq. ft., seating over 200 patrons across indoor, outdoor, and bar seating.

Located in the heart of the well-known College Area, this business benefits from a vibrant, year-round customer base and steady foot traffic. It is within short distance of major colleges

Full liquor license included

POS System: Toast

Modern kitchen equipment and bar systems – all in excellent or near-new condition

Strong asset value: walk-in cooler, griddle, convection oven, sound system, TVs, and more

Experienced manager in place,

with 2 years of tenure and may be willing to stay

Favorable lease terms with renewal option

Equipment & Assets

Kitchen Equipment (mostly gently used unless noted):

Blodgett Convection Oven

True Freezer

TurboAir M3 Refrigerator/Food Station

CookRite Griddle (Model ATTG-48)

Pitco Frialator

Warming & Prep Station

Commercial Microwave (new)

Chest Freezer

Walk-in Cooler

Hood & Ansul System

Ice Machine

Additional Equipment:

Almost new washer & dryer (installed)

Horizontal beer cooler (1.5 years old)

Sound system (speakers, sound board, cables – installed)

3 new TVs

Monthly Operating Expenses

Rent: $6,240

Electricity: Approx. $800

Water: $200

Gas: $200

Phone/Internet: $244

Taxes (City/State/Local): Approx. $1,100

Property & Lease Details

Monthly Rent: $6,240

3 Years Remaining on Lease

5 Additional Years Renewal Option

Annual Rent Increases: Approx. 0.5%

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

Business Owners: We represent qualified clients that are very interested in buying all types of businesses. If you have any interest in selling your business at this time or in the near future please contact me at info@hedgestone.com. Our buyers are already qualified and willing to invest their time and money toward a business like yours. All communications are kept STRICTLY CONFIDENTIAL.

CONSENT TO TEXT MESSAGING: By entering your mobile phone number, you expressly consent to receive text messages from Hedgestone Business Advisors. Message and Data rates may apply.

FOR INTERESTED PARTIES PLEASE CALL US AT (561) 593-3711

Financial

  • Asking Price: $79,999
  • Cash Flow: N/A
  • Gross Revenue: N/A
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: No
  • Established: N/A

Detailed Information

  • Property Owned or Leased:Lease
  • Property Included:N/A
  • Building Square Footage:4,760
  • Lot Size:N/A
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

Yes.

Purpose For Selling:

Other business interests.