Great Money Making Bar & Rest in A-1 location w/Low Rent, 45k/wk

Asking Price$1,100,000

Cash Flow
$485,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$2,340,000

Inventory$15,000
Not included in asking price
FF&E$40,000
Included in asking price
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Great Money Making Bar & Rest in A-1 location w/Low Rent, 45k/wk


Asking Price$1,100,000

Cash Flow
$485,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$2,340,000

Inventory$15,000
Not included in asking price
FF&E$40,000
Included in asking price

Seller Financing Available
Business Description
A-1 Urban Location, Room to expand, Low Rent is just $7000/mo (All In)or just 3.6% of Gross, Cash Flow is $485000. Bonus Room for functions and/or entertainment.
About the Business
Years in Operation
30
Employees
25
Facilities & Assets
FF&E, Goodwill and 7day All Alcoholic Liquor License
Market Outlook / Competition
Sales have continued to increase. Financials available.
Opportunities for Growth
Additional bonus space with no additional rent ready for new buildout to increase sales and add to the present square footage.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
3,000
Rent
$7,000.00 per month
Lease Expiration
1/4/2030
About the Sale
Seller Motivation
Seller Relocating
Transition Support
Seller will train new owner
Financing Options
Seller Financing with qualified buyer
Listing Info
ID
2375321
Listing Views
374

Contact Seller

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Business Listed by: David OShea Northeast Property Network

Listing ID: 2375321 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.


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