Description
For Sale - Rarely available European Sports Bar and Cafe in hot Avondale Neighborhood. Sale price includes all FF&E, bar inventory and business name. Very successful neighborhood bar operating for more than 10 years that offers full-kitchen and bar service seven days a week. During the day, patrons enjoy gourmet coffee service and at night they enjoy beer/cocktails while watching European Football games or hire out areas for private parties. The property offers a 32-foot wrap around bar, brick walls, exposed ceiling timbers and private outdoor patio. Additional outdoor seating also available in the front of the building. Annual gross revenue exceeds $360K. Monthly rent is $3,500 and will require assumption of existing lease or negotiating a new lease with the Landlord. Current restaurant is 1,447 SF and there is an option to expand and double the size of the bar. Please do not disturb existing business. This is an asset sale and not a stock sale, so the existing corporation is not included in the sale. Licenses will be transferred via short term management agreement until new licenses are issued.
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
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1,447SQFT
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$131$/SQFT
School Ratings & Info
Description
For Sale - Rarely available European Sports Bar and Cafe in hot Avondale Neighborhood. Sale price includes all FF&E, bar inventory and business name. Very successful neighborhood bar operating for more than 10 years that offers full-kitchen and bar service seven days a week. During the day, patrons enjoy gourmet coffee service and at night they enjoy beer/cocktails while watching European Football games or hire out areas for private parties. The property offers a 32-foot wrap around bar, brick walls, exposed ceiling timbers and private outdoor patio. Additional outdoor seating also available in the front of the building. Annual gross revenue exceeds $360K. Monthly rent is $3,500 and will require assumption of existing lease or negotiating a new lease with the Landlord. Current restaurant is 1,447 SF and there is an option to expand and double the size of the bar. Please do not disturb existing business. This is an asset sale and not a stock sale, so the existing corporation is not included in the sale. Licenses will be transferred via short term management agreement until new licenses are issued.
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