20 + year Old Restaurant/Bar

Asking Price$930,000

Cash Flow
$53,096
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$567,866

Inventory$2,000
Included in asking price
FF&E$159,500
Included in asking price
Real Estate$645,000
Included in asking price
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20 + year Old Restaurant/Bar


Asking Price$930,000

Cash Flow
$53,096
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$567,866

Inventory$2,000
Included in asking price
FF&E$159,500
Included in asking price
Real Estate$645,000
Included in asking price
Business Description
Restaurant with indoor/outdoor seating. Large Bar area. Looking for a new owner to take over this 20+ year old biz. over 4000 SF property included in asking price.
About the Business
Years in Operation
21
Employees
9
Facilities & Assets
over 4000 SF indoor/outdoor seating with large bar. Turn Key operation. A 2 bedroom above the restaurant could be for Manager/owner or rented for $1500+ month.
Market Outlook / Competition
Strong base of local customers. No competition
Opportunities for Growth
Update menu, social media, advertise, open more hours.
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
4,000
About the Sale
Seller Motivation
Retiring
Transition Support
Seller will help short term with transition
Financing Options
Preferred SBA lender: Chris McIntosh Cell: 314-857-8763 www.gulfcoastsba.com
Listing Info
ID
2266351
Listing Views
1407

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Business Listed by: John Rowley Angle Business Services

Listing ID: 2266351 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.