Harry's Bar & Grill
Location: Idaho > Ada County > Boise, Idaho
Industry: Food and Beverage > Restaurants
Financials
Asking Price: $130,000
Gross Revenue: $407,500
Cash Flow: $47,630
Inventory: $4,000 (Included in Asking Price)
FF&E: $250,000 (Included in Asking Price)
Business Summary
THE BUSINESS
A death forces the sale of this tavern opened in March of 2006. Currently the business opens at 11 AM and provides both lunch and the dinner meal. The Springhill Suites just across the parking lot provides a steady flow for both the dinner meal and an evening’s libation. Five TV’s and a pool table provide ongoing entertainment.
THE COMPANY
Currently the business is run by a manager, one full time employee and ten part timers depending the season. The monthly lease charge is $3,484 with the lease expiring in 2011. There is one five year renewal of the lease. There is approximately 3,082 square feet in this location. Triple net charges are approximately $937. All fixtures and equipment were new in 2006. There is plenty of parking.
THE OPPORTUNITY
Add a liquor license and you have a full service bar. Additional advertising in the neighborhood would likely yield more clientele. Presently the Seller is not working the business full time. A full time operator is always best for a business of this nature.
THE REASON FOR SELLING
The death of a partner forces the sale of the business.
A death forces the sale of this tavern opened in March of 2006. Currently the business opens at 11 AM and provides both lunch and the dinner meal. The Springhill Suites just across the parking lot provides a steady flow for both the dinner meal and an evening’s libation. Five TV’s and a pool table provide ongoing entertainment.
THE COMPANY
Currently the business is run by a manager, one full time employee and ten part timers depending the season. The monthly lease charge is $3,484 with the lease expiring in 2011. There is one five year renewal of the lease. There is approximately 3,082 square feet in this location. Triple net charges are approximately $937. All fixtures and equipment were new in 2006. There is plenty of parking.
THE OPPORTUNITY
Add a liquor license and you have a full service bar. Additional advertising in the neighborhood would likely yield more clientele. Presently the Seller is not working the business full time. A full time operator is always best for a business of this nature.
THE REASON FOR SELLING
The death of a partner forces the sale of the business.
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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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