Newly Renovated Neighborhood Bar & Grill

Description

Bar for sale in Wright City with a recently renovated interior and exterior. The location sits in a visible area near active railroad tracks and is set up for entertainment, social gatherings and regular bar service.

Property and buildout

• Fully renovated interior
• Updated exterior
• Modern finishes and systems
• Existing lease in place
• Option to purchase the real estate

The seller reports no significant deferred maintenance. Buyers should still inspect the building, mechanical systems and recent renovation work before closing.

Concept options

The current space could continue as a neighborhood bar or be repositioned around another permitted concept.

• Neighborhood bar
• Craft cocktail bar
• Live music venue
• Private-event space

Location

The property is positioned near active railroad tracks, which gives the site a distinctive setting. Buyers should also review any noise, access, parking or operating restrictions associated with the location.

Growth

• Add live entertainment
• Increase private events
• Extend operating hours where permitted
• Develop themed nights
• Increase local and digital marketing

Real estate option

The business can initially operate under the existing lease, and the seller states that an option to purchase the property is available.

Buyers should review the purchase price, option period, credits if any, and the exact terms required to exercise the real estate option.

Seller

The seller is motivated and is looking to complete a transaction with a qualified buyer.

Buyer review

Buyers should verify recent financials, lease terms, equipment ownership, renovation records, property condition, parking, liquor-license status and any entertainment approvals before closing.