HIgh Volume - Great Cash Flow

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Seller Financing Available with Significant Downpayment
Asking Price:
$580,000

Gross Revenue:
$1,550,000
Cash Flow:
$210,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed
included in asking price

FF&E:
 Not Disclosed
included in asking price

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Business Description

DO NOT CONTACT STAFF or DISCUSS PURCHASE with any employee or customer of the Tavern. CONFIDENTIAL. Full Financials, Equipment List, Lease Terms, etc Available with NDA and Completion of Vetting Document.

Highest volume restaurant/bar in Blue Ridge featuring scratch made tavern fare, new retail store, shuffleboard, darts and full service bar. Casual atmosphere with amazing outdoor seating area, dog friendly covered patio and great tourist and local following. Exceptional year over year growth with strong margins. Consistent upkeep and maintenance means there's little to do but come in and take over. Assume competetive lease with built in leasehold improvements. New flooring being installed.

Tuesday trivia nights draw great crowds year 'round.

Main dining room seats 70+. Outdoor deck seats 50. Bar 1 seats 14. Additional patio seating has 16 seats plus barrels for standing. Great college and NFL crowds.

Over 1.5MM in annual sales while only open 5 days a week. Expand hours, expand menu and increase revenue immediately.

Strong following on Facebook/Twitter/Instagram with more than 4.5K viewers.

About the Business

Year Established:
2014
Number of Employees:
35
Real Estate:
Leased
Building Sq. Ft.:
3,700
Rent:
$5,000.00 Per Month
Facilities:
3500+ sq feet not including deck.
Class 1 hood w 2 vent fans.
Sale includes FF&E
Market Outlook/
Competition:
Competitors exist however competition is very segmented (locals only, high end customers, etc.). Current demographic includes locals, tourists, high and budget customers. Town continues to expand with "off season" (normally January and February) reducing each year through excellent marketing by city planners - adding festivals etc. Scenic Railway brings in an est. 100,000 tourists per year.
Growth & Expansion:
Each year we make a plan to improve topline revenue and/or margin. Expansion of hours/days of operation, expansion of menu, addition of retail store, etc. are opportunities for additional growth.
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About the Sale

Reason For Selling:
New Business Opportunity in Pacific NW.
Training/Support:
30 days training included with additional 30-60 available for a fee.
Seller Financing:
Full Financial Disclosure available after completion of NDA & Vetting Document

Listing Info

ID:
1429778
Ad Detail Views:
0


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Business Listed by
jim carruthers

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U.S. Census Data for Fannin County, GA
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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Fannin County, GA
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Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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