$400,000 NET Absentee-Run Westgate Bar w/ #6 License! - Business for Sale

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Absentee-Run Bar with #6 License in Glendale, AZ

Glendale, AZ, US
Added 1 month ago
Bar and live entertainment venue
Absentee / Semi-Absentee

Absentee-run bar with a #6 liquor license located in the Westgate Entertainment District of Glendale, AZ, featuring a 6,000 sq.ft. space, live entertainment, and seating for over 150 patrons.

Key Information

Asking

$700K

Revenue

$1.5M

Earnings

$400K

Multiple

1.8x

Key Highlights

  • Business is absentee-run
  • Located in Westgate Entertainment District, Glendale, AZ
  • 6,000 sq.ft. interior with seating for over 150 people
  • Lease is $22,000 per month including CAMs, with 6 years remaining and a 5-year option
  • Includes #6 liquor license
  • Buildout cost exceeded $500,000
  • Seller financing available: $500,000 down, $200,000 over 3 years at 7% interest

Contact Info

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