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#Business ID: 14203

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Neighborhood Sports Bar - Nets $ 117K - $ 249,000 - est, 30 Yrs

Business Location: Margate, Florida, United States

Asking Price: $ 249,000 Revenue: $ 320,000 Cash Flow: $ 117,000

Business Summary

Super friendly sports bar with full liquor - pool table and darts plus multiple TV's - locals gather to play friendly poker seven nights a week - Friday night is Karaoke night - Total remote camera system installed , watch from home! No food sold here (so smoking is allowed) but the house gives free hot dogs and chilli to the drinkers.
This is an ideal set-up for this type of a working class neighbor-hood where people feel very comfortable to meet and greet their neighbors and friends. Hours are generally 11:00 AM till 2:00 AM but the license is okay for 4:00 AM for special occasions. The sale includes a 4 COP license which is currently valued at $ 135,000.00.
SALE IS VERY CONFIDENTIAL!!

Property Details

Years Established:

1980

FF&E:

$ 185,000

Inventory Value:

$ 6,000

Other Business Details

Premise Details:

0. Building is 2400 sq. ft. - rent is $2,650/mo. - Very attractive decor with a pool table, darts, TV's, and a big friendly bar - Great parking

Competition:

Super accessible location - great neighborhood feel

Business Operation Details

Employees:

4

Support & Training:

Seller will train a Buyer for two weeks after closing at no cost and will be available thereafter for negotiated compensation.

Miscellaneous Details

Reason For Selling:

Seller is moving on.

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