Hot Listing

Well Established Bar/Restaurant in an Excellent location $495,000

Asking Price$495,000

Cash Flow
$275,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,800,000

Inventory$50,000
Not included in asking price
FF&ENot Disclosed

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Hot Listing

Well Established Bar/Restaurant in an Excellent location $495,000


Asking Price$495,000

Cash Flow
$275,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,800,000

Inventory$50,000
Not included in asking price
FF&ENot Disclosed


Seller Financing Available
Business Description
An Attractive Asking price $495,000 Plus Liquor license market Value.
Been in business for more than 10 years, Very low rent $ compare to other businesses around. Upscale Upgraded design and decor inside and outside. Very attractive and large patio to please patrons.
LOCATION, LOCATION, LOCATION, Upscale Neighborhood. See It To Believe it.
10 years of long sales history and with great Profit. Business and liquor license both are for sale as package.
Asking price doesn't include Liquor license. Liquor license sold separately at A Market value.
About the Business
Years in Operation
10
Number of Employees
25
Facilities & Assets
All bar equipment including 50 tap system, kitchen appliances, big walk-in cooler, chairs, high and low tops, patio furniture and all other furniture.
Market Outlook / Competition
very well located business in busy area with very low competition. Located in high traffic shopping district.
Opportunities for Growth
New owner can add so much with extending hours and expend menu. Current owner live out of state and not able to pay much attention due to family commitments. Establishment and surrounding area has so much to offer to increase sales and profit.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
8,200
Rent
$9,900.00 per month
Lease Expiration
5/1/2035
About the Sale
Seller Motivation
live out of state. travel and management is becoming issue. opening another proj
Transition Support
will provide 30 days training.
Listing Info
ID
2336651
Listing Views
5544

Contact Seller

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Business Listed by: ankit desai

Listing ID: 2336651 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.


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