This is a classic neighborhood bar for over 50 years. This is the place where all the locals come to hang-out and visit old friends. The current owner purchased the bar 7 years ago, is required to sell it at this low price.
The rent is currently $1,300 a month. The owner claims sales are in the $20,000 to $22,000 range per month but has no documentation for this. Buyer needs to confirm.
There are about 1,800 Sq. Ft. - Buyer needs to verify - with plenty of parking. This is priced to sell because the buyer must assume all the tenant improvements required for the ADA as well as give the bar a facelift, other wise this would be priced at $200,000.
Hours of operation are from 7am until 2am.
This is a Paramount Restaurant Brokers, Inc. Listing.
|2014 Total Population||14,143||68,487||170,565|
|2010 Number Of Households||4,855||28,181||68,775|
|2010 Persons Per Household||2.88||2.32||2.34|
|Median House Value||$164,500||$214,009||$275,413|
|Income Per Household||$38,791||$46,258||$52,680|
|2009 Number Of Businesses||234||3,072||6,157|
|2012 Number Of Employees||11,204||95,292||201,540|
|2012 Total Annual Payroll||$294,345,000||$2,738,687,000||$4,294,967,295|
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