Dec 18, 2019 — Hot Tavern opportunity with Absentee Seller in the heart of downtown redevelopment and revitalization! $1/sqft rent with approx. 15 years left on lease! Major sports facility being built across the street and completed mid 2020. Real estate can possibly be purchased from landlord separate from business. 90/10 split with coin company. All workers are W2 employees. Repeat loyal customer base in place. Name is not included in sale and will need to be change by Buyer after closing. Gross sales and total income are estimated for 2019 based on first 7 months of the year. Email Now before it's gone! For the fastest reply to your inquiry please use this ad's email reply or contact business broker.
This is a leased location of 4,400 square feet with a Total Monthly Rent of $5,834.95. Lease ends 1/2025 with One 10 year option. Seller is not active in the business with 3 FT and 7 PT. Hours of operation are 10am-10pm Sun-Thur and 10am-2am Fri-Sat. Gaming and Liquor Licenses required. Recently remodeled location plus major development across the street!
Leasehold Improvements $250,000