Investment Highlights
Executive Summary
ASSETS EXCEED PRICE! Business is a bonus! This investment package includes Marion County 4 COP ? Full Liquor License valued between $250K - $325K! This 30-year-old neighborhood bar was ?the place to go? to drink, eat, watch sports, and socialize. The grill is no longer operating but could re-open. Currently, operated as a smoking establishment (could convert) and a daily hangout place to MANY year-round customers and snowbirds. They sell lots of beer, wine, full liquor, and bagged snacks. There is additional income from the pool tables, dart games, juke box, video poker and the ATM machine. There is a large private office, storage room, stage, dance floor, karaoke equipment and lots of ASSETS. The concrete building is spacious and has a large, paved parking area, & new metal roof with lifetime warranty. The price includes it ALL on a .33 AC of real estate, close to the Livestock Pavilion. Yes, the establishment has seen better days and once had live entertainment. Bar could use some TLC but still has MANY golden nuggets! This has been a lucrative business for owner, who is now semi-absentee. The owner stops in a few hours per week to pay staff, place orders and collect money. Selling due to age-related health issues. The 3 long-time employees most likely to stay. Since investment package includes valuable and worthy assets, bank financing is available, if buyer qualifies.
