Asking Price: $450,000 Gross Revenue: Not DisclosedCash Flow: Not DisclosedEBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed included in asking priceReal Estate: $250,000 not 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.
Long established business:
~ High Volume
~ Liquor License
~ Established Special Events
~ Complete Outdoor Deck and Event Space
~ Huge Paved Parking Lot
~ Upstairs Expansion Option
~ Opportunity to Purchase Real Estate
This turnkey establishment is fully equipped and renovated with gaming, lighting, video, performance stage, sound system and complete kitchen. And did we mention thousands of Social Media follows? Nothing compares - don’t waste a minute, contact us today.
About the Business
Number of Employees:
Large outdoor patio, complete indoor bar with a performance stage, and restaurant with a full kitchen as well as two bathrooms. The facility has a custom lighting and sound system, and a well-established clientele. This is a High-Profit turn-key opportunity.
Really, there is none. Traditional bars don’t offer huge outdoor patio space, pristine bar facilities with unique entertainment on-stage most every weekend. Not to mention a full-service restaurant. This business has a track record of successful events from fund-raising to retirement parties. Vendors, employees, and customers already established and waiting to meet you.
Growth & Expansion:
This business has an unfinished but liquor approved special event space on the second level. An expansion is easy and this space comes with a separate entrance to keep things unique. Become the premier private event arena in the area while maintaining a well-run profitable Bar and Restaurant enterprise.
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.