Bar/ Grill - Plano, Allen Area

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Great Cash Flow!
Asking Price:
$545,000

Gross Revenue:
$1,048,636
Cash Flow:
$264,682
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Bar/Grill located in booming Plano/Allen area, Sales are $1,000,000+ (93% Liqour -7% Food) with great cash flow to owner $250,000+. Asking
Price: $545,000. (Close to 2 year payback on investment). Staff in place. Owner only works 2O- 30 hours/ week...ordering liquor, pay bills, and general administrative. Kitchen manager orders the food. Hours: 11:00AM-2:00AM. 7-days. 5,140 square ft., rent with NNN $11,500. 2 years left on lease with 5 year option. Kareoke, Poker Nights, Pool, Video Games, etc.
Reason for sale: Owner is retiring.
Only financially qualified Buyers need reply.

For more information: Fred Venners Company- 972-867-0039.

About the Business

Location:
Allen, Texas

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Listing Info

ID:
1648791
Ad Detail Views:
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Business Listed by

Fred Venners

Fred Venners Company

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