Thriving Bar Oasis with Multiple Income Streams and High Margins
Asking Price: | $185,000 |
Gross Revenue: | $474,000 |
Established Year: | 2021 |
Cash Flow: | $130,000 |
Rent: | $2,431/Month |
This neighborhood bar, located in a busy strip center alongside a well-traveled road, serves as a popular hub for both regular patrons and newcomers. Its versatile features, including a stage for events like live performances and karaoke, attract diverse crowds. Notably, the venue boasts over 10 game stations, which significantly contributed to over 30% of revenue in December, making them a focal point for growth and appealing to a broader clientele, especially during off-peak hours. The spacious layout offers opportunities for outdoor enhancements, promising sustained patronage. Under the current owner's efficient management, the bar achieves an impressive 25% net margin. 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.