Iconic Landmark Bar with Lottery!

Asking Price$750,000

Cash Flow
$253,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,636,210

Inventory$30,000
Not included in asking price
FF&ENot Disclosed

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Iconic Landmark Bar with Lottery!


Asking Price$750,000

Cash Flow
$253,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,636,210

Inventory$30,000
Not included in asking price
FF&ENot Disclosed

Business Description
Price reduction! Iconic Landmark Bar with Lottery – A Community Staple for Over 51 Years!
Step into a thriving business that has been a beloved fixture in the community for over five decades. This well-established bar is perfectly positioned to attract patrons from nearby entertainment venues and stadiums. With a prime location, it serves breakfast, lunch, and dinner, creating a welcoming atmosphere for locals and visitors alike.

Key Features:
- Lottery Games: Attracting a steady stream of customers every day.
- Six lottery machines which did a net of $218k in 2024 and a net of $150k through August 2025.
- Live Music: Enjoyed seven days a week, enhancing the vibrant ambiance.
- Simple American Menu: A favorite among locals, appealing to a wide range of tastes.
- New HVAC System: Ensuring comfort for guests year-round.
- Full Kitchen: Equipped for high-volume service and culinary excellence.
- Spacious Layout: 5,000 sq. ft. with a full-size basement with walk in and a grease trap.
- On-Premises Parking and off-street parking: Convenient for patrons.
- Seating Capacity: Accommodates 195 guests comfortably.
- Dedicated Staff: With a phenomenal kitchen manager and a team of 20 employees.
- Business Hours: Open from 7 AM to 2:30 AM, maximizing revenue potential.
-Lease: $12,000 NNN for five years with a 3% annual increase with one five-year option.
-Security deposit $12,000
-Inventory on premises: Approximately $30,000
-Seller will give First Right of Refusal on Real Property!

This turnkey location offers an incredible business opportunity for new owners to step in and continue the legacy of this cherished establishment. Whether you’re an experienced operator or a first-time buyer, this bar is ready for you to take the reins and drive its success forward.

Don’t miss your chance to own a piece of local history and a thriving business! Contact me today for more details! For additional information go to WILTSEYBARS.COM.

All buyers will be required to sign a NDA, verify funds and credit.

No Broker inquiries please.

The information provided has been obtained from sources we consider trustworthy; however, we do not make any guarantees, either expressed or implied, regarding its accuracy. Mentions of square footage, age, or other approximations should be independently verified by the user, who assumes all responsibility for any inaccuracies.
About the Business
Years in Operation
51
Employees
20
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
5,000
Rent
$12,000.00 per month
About the Sale
Seller Motivation
Retirement
Transition Support
Seller will negotiate training with qualifed Buyer
Financing Options
Seller will carry a contract with $200k down for 10 years at 6%. NO SBA Loans
Listing Info
ID
2331934
Listing Views
1313

Contact Seller

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Business Listed by: Tina Wiltsey-Trevizo Wiltsey & Associates, Inc.

Listing ID: 2331934 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.