Profitable Bar & Restaurant with Real Estate
| Asking Price: | $900,000 | Inventory: | $10,000 ** |
| Gross Revenue: | $700,000 | Real Estate: | $875,000 ++ |
| Cash Flow: | $160,000 (comments below) | FF&E: | $150,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
| Cash Flow Comments: Run absentee | |||
This is a great opportunity to acquire a profitable business with Real Estate at a great price. The Real Estate is appraised for $875,000 alone. The restaurant has a 15 plus year history of success and has been run absentee. They are selling to free up capital for another venture. The management team and employees are willing to stay on; this is a truly turnkey opportunity that will be profitable day one.
SEATING: 90 seats (Capacity approximately 116)
HOURS: 11:30AM –11:30 PM Tuesday-Sunday
LICENSES: Full Liquor & C.V.
REAL ESTATE: .92 Acres zoned commercial Recently appraised for $875,000
SEATING: 90 seats (Capacity approximately 116)
HOURS: 11:30AM –11:30 PM Tuesday-Sunday
LICENSES: Full Liquor & C.V.
REAL ESTATE: .92 Acres zoned commercial Recently appraised for $875,000
About the Business
Year Established:1990
Employees:6 full time - 6 part time
Facilities:This is a 2,800 square foot facility with a bar/lounge area with a separate dining room. There is a finished basement with walk-in, storage and office.
Market Outlook and Competition:Very little competition in the local trade area
About the Sale
Management Training and Support:Training will be provided
Reason For Selling:The sellers are freeing up capital for another venture
Seller Financing:Some Seller Financing may be available to qualfied buyers. This is a bankable deal.
Attached Files - Attachment Disclaimer
 | Confidentiality Agreement - Non-Disclosure and Confidentiality Agreement | ||
 | Rest & Web photo - Restaurant Bar |
KEYWORDS: Restaurant, lounge, Full Liquor, Real Estate
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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. Please review the full Disclaimer here.
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