Samara's Number One Bar Opportunity

SAMARA’S #1 BAR & RESTAURANT OPPORTUNITY!!!
Offered Exclusively by Coldwell Banker Samara

Situated on Main Street in growing downtown Samara, just 100 meters from the beach, this proven restaurant location has almost 6 years to run on its renewable lease. The business has enjoyed consistent month over month and year over year revenue and profit increases over the past five years, including three under current ownership.

Monthly rental is less than $16.00 per seat, well below the local and industry average. Total seating capacity is 105 seats and often is “standing room only” during weekly live music nights, popular TV sporting activities, and special events. Committed to local community endeavors, the restaurant is also host to several weekly community gatherings including ladies dominoes, Texas Hold’Em Card Tournaments, Dart Tournaments, Pool games, etc.

Take advantage of Samara’s increasing community expansion and tourism growth with revenue increases available by extending hours of operation (currently closes at 10:30 on most nights) and optimizing the expanded upper level.

Current owner has made significant improvements in kitchen and bar equipment, including new beer coolers, large capacity ice maker and kitchen ventilation system to compliment remaining commercial-grade freezers (3), large kitchen refrigerator, stove and hood. The bar area features an espresso machine, audio system, satellite TV system, 14 large flat-screen TVs, signage and modern POS system.

Additional improvements include expansion of 2nd floor and additional outdoor covered seating areas.

This opportunity includes a loyal, well-trained staff that is experienced and professional, and they have been made to feel a part of the growth of the business.

With annual sales already exceeding $500,000, all required municipal licenses are current and transferable, as are the shares of the ownership corporation.

This fully-equipped, turnkey business opportunity was just reduced to $249,000 (US). Complete financials are available for serious inquiries and ALL serious offers will be entertained.

For additional information please contact Liz Wegman (506) 8392-3745 (cell or WhatsApp), or liz@coldwellbankersamara.com …Read Less