Profitable Local Bar with Multiple Income Streams (Motivated Seller)
A very unique opportunity to start or scale a bar portfolio with this profitable neighborhood bar located on Hwy 1604. The venue features multiple income streams including alcohol sales and gaming income which appeal to a broader clientele, especially during off-peak hours. A welcoming atmosphere, well-trained bartenders, and exciting entertainment keep loyal patrons coming back for more.
Daily traffic count at this highly accessible location exceeds 13,000 and the bar is frequented by an established clientele from communities all around.
The versatile facility includes a stage for events like live performances, dart tournaments, and karaoke to attract crowds.
Under the current owner's efficient management, the bar has achieved an impressive 25% net margin and have room for additional growth. This presents an attractive proposition for existing bar owners seeking expansion or aspiring entrepreneurs with a bold vision, providing a solid foundation for future success and innovation.
This is a great value that is priced to move fast.