Asking Price: $550,000 Gross Revenue: $243,464Cash Flow: Not DisclosedEBITDA: Not DisclosedInventory: $10,000 not included in asking priceFF&E: $90,000 included in asking priceReal Estate: Not Disclosed included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Gross Revenue of $ 243,464.30 from January 2018 - June 2018
Prime investment opportunity to purchase The Sand Bar and property. Sale
includes the property, business, licenses and equipment. This
destination restaurant/bar is currently income-producing and
Features include a new enclosed outdoor recreation area featuring
new sand volleyball courts and expansive raised observation deck,
garage bar and patio, in addition to the interior 34’ long bar in the
main bar room and a secondary service bar in an offset lounge room.
A fully equipped 320sf commercial kitchen with all equipment, walk
in cooler, freezer and dry storage. Second story flex area well suited
for a large office or private party room to maximize the potential in
this destination entertainment spot. Keep it as it is or rename it and
make it your own.
Rented items that may transfer include pool table, jukebox and register system.
If you would like more information please contact me!
About the Business
Number of Employees:
Building Sq. Ft.:
$5,004.08 Per Month
Includes approx. 2000 SF interior guest area, with a total of 5459 SF (First and Second floor). Outdoor Garage bar is a full size bar with coolers, multi-flow system, and beer tap system. Indoor bar has a 34' bar with two large beer coolers and a 12 tap beer system.
Cleveland Bar and Property - Sand Volleyball, Massive Patio
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 & Conditions.