Property Details

East End Area Bar and Live Music Venue - Rochester

Property ID : SPL25.350

For Sale $165,000.00 - Bar/Lounge, Entertainment

DESCRIPTION:
• A Popular Bar/Pub and Live Music Venue
• Located in the Rochester Entertainment District
• Has been operating since 2013
• Has a very loyal clientele
• There is a Large Kitchen serving a late-night menu
• There is 3,800 Square Feet of Indoor Bar and Floor Space for DJs and Live Music
• Has a Large 1,500 Square Foot Patio with an Outside Bar
• Has Live bands on site on Friday and Saturday
• Currently operates only 15 hours a week on Friday and Saturday

ASSETS/FIXTURES/EQUIPMENT: (Included in the Asking Price)
• Furniture, Fixtures, and Equipment at a Fair Market Installed Value of $ 35,000
• Inventory at cost of $ 2,000

LEASE ARRANGEMENTS:

Current Base Rent is $5,100 a month with additional Triple Net Charges of approximately $1,500 a month

SALES AND SELLERS DISCRETIONARY EARNINGS:
2019 2018 2017
Sales: $ 572,250 $ 524,720 $ 556,450
Income $ 62,900 $ 44,100 $ 53,650

PRICE/FINANCING:
Asking price is $165,000 Some Seller financing is available to a qualified buyer

COMMENTS:

Location is the key here. An ideal high-volume opportunity with a live music venue and large outdoor seating and bar space. Expanding the hours of business with food sales and bar sales should increase revenue for an experienced owner-operator.

Agent Stuart Levy

  • Office : 585-247-4750

Stuart Levy brings over 25 years of experience in the Hospitality industry. He has owned, operated…
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