Well known Bar in High Traffic Area

Asking Price$175,000

Cash Flow
$61,430
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$552,236

Inventory$6,000
Included in asking price
FF&E$85,260
Included in asking price
Real EstateNot Disclosed

CheersSave

Well known Bar in High Traffic Area


Asking Price$175,000

Cash Flow
$61,430
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$552,236

Inventory$6,000
Included in asking price
FF&E$85,260
Included in asking price
Real EstateNot Disclosed

Business Description
This well-known, thriving Bar & Grill in a high traffic area is ready for a new owner. This location sits among multiple hotels and just off the interstate. It attracts a wide variety of customers. This establishment offers a unique atmosphere and stands out for its upscale bar food and hand-crafted cocktails. The kitchen is well-equipped. There is room for growth with 5 hotels, more in development, an active sports complex nearby and the revitalization of the local area. The business hosts live music, karaoke, game nights and other events. This turnkey operation is known for its quality food, excellent service and inviting atmosphere.
About the Business
Years in Operation
18
Employees
6
Facilities & Assets
Business leases 2496 Square feet. Open Tuesday-Sunday.
Opportunities for Growth
Market to neighboring business and nearby hotels. Full-time owner would be able to eliminate some staff costs. Currently the owner operates the business semi-absentee, relying on a competent team. A new owner with a more hands – on approach could enhance customer engagement, improve operational efficiency and implement growth strategies to increase revenue.
About the Sale
Seller Motivation
Health
Transition Support
Seller is flexible for transition time for buyer and is open to options.
Listing Info
ID
2355989
Listing Views
1069
Attached DocumentsAttachment Disclaimer

Island_Bar_Grill_Summary.pdf


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Business Listed by: Jeff Hofflander Advantage Business Brokers

Listing ID: 2355989 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.