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509 Northlake Boulevard

North Palm Beach, FL 33408
  • $375,000
  • STATUS: Active
  • ON SITE: 166 Days
  • MLS #: RX-10792365
UPDATED: 71 min ago
$375,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,000
    SQFT
  • $63
    $/SQFT
Neighborhood:
Type:
Business Opportunity
Built:
2022
County:

School Ratings & Info

Description

A successful bar and billiards business for the past 25 years, this location has recently undergone a renovation transformation and is ready to reopen. Great local bar with loyal regulars and pool leagues almost year-round. The only billiards/pool hall within a 15-mile radius has a total of sixteen pool tables, eight of them are new 7'-9' Diamond tables and three are Valley 8' coin operated tables leased with a 50/50 split. Arcade games, iTunes with a 33% split, 100'' projection screen and lounge area also generates a profit. Large bar with generous seating, center island, and tables. Plenty of space to add more profit generating games such as darts, corn hole, and foosball. There is a stage for a DJ/karaoke currently being built.Beautiful, updated features include new bar and center island, lighting, ceiling tiles, carpet and flooring, paint, and restrooms. The kitchen is also newly remodeled and has brand new equipment ready to use - coolers, freezers, ice machine, air fryer, microwave, pizza oven, crockpots, warmers, hot dog machine, and more. There are also plenty of walkable dining options or patrons can order through you from the Italian restaurant next door (you receive 10% markup). With projected sales of over $50,000/month this is an ideal opportunity to step into a turnkey operation ready to open.

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www.oceankeyrealty.com/homes/127770300
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509 Northlake Boulevard North Palm Beach, FL 33408

  • Price: $375,000
  • Status: Active
  • On Site: 166 Days
  • Updated: 71 min ago
  • MLS #: RX-10792365
0
Beds
0
Baths
0
½ Baths
N/A
Acres
6,000
SQFT
$63
$/SQFT
2022
Built
Neighborhood:
North Palm Beach
County:
Palm Beach
Area:
North Palm Beach
Property Description
A successful bar and billiards business for the past 25 years, this location has recently undergone a renovation transformation and is ready to reopen. Great local bar with loyal regulars and pool leagues almost year-round. The only billiards/pool hall within a 15-mile radius has a total of sixteen pool tables, eight of them are new 7'-9' Diamond tables and three are Valley 8' coin operated tables leased with a 50/50 split. Arcade games, iTunes with a 33% split, 100'' projection screen and lounge area also generates a profit. Large bar with generous seating, center island, and tables. Plenty of space to add more profit generating games such as darts, corn hole, and foosball. There is a stage for a DJ/karaoke currently being built.Beautiful, updated features include new bar and center island, lighting, ceiling tiles, carpet and flooring, paint, and restrooms. The kitchen is also newly remodeled and has brand new equipment ready to use - coolers, freezers, ice machine, air fryer, microwave, pizza oven, crockpots, warmers, hot dog machine, and more. There are also plenty of walkable dining options or patrons can order through you from the Italian restaurant next door (you receive 10% markup). With projected sales of over $50,000/month this is an ideal opportunity to step into a turnkey operation ready to open.
Exterior Features

Construction Cbs Parking Free Road City / County Maint Waterfront YN No

Interior Features

Bath Toilets 3.00 Cooling CentralCentral BuildingElectric Heating Central BuildingElectric Miscellaneous2 Rear Access Percent Air Conditioned 100.00

Property Features

Annual Base Rent 5400.00 Auction No Available Docs None Available Info Copies Of LeaseInventoryOwner ManagedPhotos Business Name North Palm Beach Bil Business Type Service Employees 3 Expenses Include Accounting-LegalAdvertisingLicense & PermitPayrollProperty InsuranceProperty ManagementRentRepair & MaintenanceReserve Fire Protection Smoke Detector Lease Term Rem 1-3 Years4 -6 Years7 -10 YearsOptions Available License Beer & Wine List Office Board Code Realtor Association Of The Palm Beaches (Rapb) Location Shopping Center Possession At Closing Renewal Option Yes REO No Sale Includes Business OnlyEquipmentInventoryLicenseSigns Short Sale No Short Sale Addendum No Short Sale AU N/A Special Info Sold As-Is Terms Considered Cash Training Available No Type Of Building LoungeService Year Established 1997.00

Listing provided courtesy of Capital Investments R.E. Corp.: (561) 249-1684. Listing information © 2022 BeachesMLS
 
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1900 Glades Rd
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