Hot Listing

Bar with Property Priced for a Quick Sale

Sale Pending

Asking Price$150,000

Cash Flow
$23,697
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$387,692

Inventory$1,000
Included in asking price
FF&ENot Disclosed

Real Estate$850,000
Not included in asking price
Stock PhotoSave
Hot Listing

Bar with Property Priced for a Quick Sale


Sale Pending

Asking Price$150,000

Cash Flow
$23,697
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$387,692

Inventory$1,000
Included in asking price
FF&ENot Disclosed

Real Estate$850,000
Not included in asking price
Business Description
The recently deceased owner operated this bar for 45+ years. Known for its popular karaoke nights on Friday through Sunday, the bar draws a steady crowd. It offers a simple food menu, including pizza, hotlinks, and hotdogs, though food sales aren’t required. The bar holds Type on-sale liquor licenses, with well drinks at $4.50 and premium spirits up to $15. Staff include a full-time manager, one full-time bartender, and four part-time bartenders. The free-standing building must be purchased for an additional $850,000. Observation required to appreciate the business. This is a great opportunity for an experienced owner.
About the Business
Years in Operation
50
Employees
6
Facilities & Assets
Corner lot located in a residential neighborhood. Free standing building, 13,319 Sq Ft lot,
Market Outlook / Competition
low competition
Opportunities for Growth
Lots of growth opportunities. This bar would benefit from new energy and ideas. Before the owner passed away she was not engaged in the businesses.
Real Estate
Owned or Leased
Owned
Not included in asking price
Building Sq. Ft.
2,320
About the Sale
Seller Motivation
Owner passed away
Transition Support
Manager can train
Listing Info
ID
2342419
Listing Views
6790

Contact Seller

By clicking the button, you agree to BizQuest's Terms of Use and Privacy Notice.

Business Listed by: Tony Moran Business Team

Listing ID: 2342419 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.


Similar Listings
Juice It Up!
$150,000Juice It Up!Featured Franchise
Hummus Republic
$150,000Hummus RepublicFeatured Franchise
Chinese seafood restaurant
$160,000Chinese seafood restaurantStockton, CA
Papa Murphy's
$125,000Papa Murphy'sFeatured Franchise
Vitality Bowls
$75,000Vitality BowlsFeatured Franchise
Juice It Up!
$150,000Juice It Up!Featured Franchise
Hummus Republic
$150,000Hummus RepublicFeatured Franchise