LOCAL BAR WITH LOTTERY
|PRICE: $150K w/ $30K down|
|Sq. Ft: 1600||Lease: $3000||OLCC: FOP|
|Property: Option||Lottery: YES||SALEM|
Local tavern/bar located on high traffic street in Salem. There is 1600 square feet, small kitchen, pool tables, 5 Lottery machines which did a net of $34K thru 7/27/19 and a net of $52K in 2018, free standing building, outside covered smoking area and established clientele. Staff has been there for years and are willing to stay. Owner is off premise and does not work any shifts. Hours of operation are 8:00 a.m. to midnight Sunday thru Thursday thru Friday and Saturday open until 1:00 a.m. Lease is $3000 gross for 5 years with an additional 5 year option. Seller is willing to carry for 8 years at 6% interest with a payment of $1576.97 per month. This is a turn key location and would be great for an on premise owner as well! Real Property sold separately.
All buyers will be asked to verify liquid funds before receiving financial information on business. No SBA financing. Please do not contact Seller, patrons or employees.