Bar with Property Priced for a Quick Sale

Asking Price$150,000

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

Gross Revenue$387,692

InventoryNot Disclosed

FF&ENot Disclosed

Real Estate$850,000
Not included in asking price
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Bar with Property Priced for a Quick Sale


Asking Price$150,000

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

Gross Revenue$387,692

InventoryNot Disclosed

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. PH11614
About the Business
Years in Operation
50
Number of Employees
6
Facilities & Assets
Rent $3,828, Square Feet 2,320,
Real Estate Available $850,000 but not included in the purchase price
Licenses: Liquor and Business
Hours: 9:45 am to 1:45 pm
Real Estate
Owned or Leased
Owned
Not included in asking price
Building Sq. Ft.
2,320
About the Sale
Seller Motivation
Passing of owner
Listing Info
ID
2349031
Listing Views
561

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Business Listed by: Business Team Business Team

Listing ID: 2349031 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.