Popular local sports bar for sale. Open from 11:00am to close. On weekends, the bar is open until 4:00am. The bar has 13 TVs located strategically for the best viewing. Full kitchen is open until 10:00pm, with appetizers served until close. The bar has 12 beers on draft, with drink specials for games. Dart leagues and poker leagues bring in regular crowd. Full walk-in freezer in basement for all kegs. The bar has been a local staple for over 20 years. This ownership has been in place for three years, and is looking to sell due to time restrictions. The bar is fully-staffed with manager and kitchen staff. The current owners are absentee. Please contact the broker at 1-877-735-5224.
Asking Price: $140,000 Gross Revenue: $440,000Cash Flow: $80,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed included in asking priceReal Estate: Not Disclosed Share 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.
Established Sports Bar In Westchester County, NY - 30840
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