May 5, 2020 — Bar & Grill just steps from Campus. Property for sale as well. This is a steal. This business has shown consistent upward sales growth for 5.5 years, since it opened. They obtained a beer & wine license just 1 year ago and that has continued the sales growth. A full liquor license can be obtained, but the owner has busy with another business and did not yet have a chance to apply. The kitchen is fully equipped. This year's sales are expected to be approx. $330,000.00 with a net cash flow of approx. $75,000.00. The lease has over 20 years remaining with a rent of only 2,000/mth (triple-net) with 3% annual increases. The property is also available for sale through the landlord. The space has 40 seats inside. We are seeking a serious and financially qualified buyer with at least $149K in liquid funds to cover the asking price.
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