Well-established local favorite bar and restaurant offers significant growth opportunity in the heart of Apache Junction, a seasonal destination of active adults. The premises is approximately 6,500 sq. ft. with bar, separate dining area, large banquet room, full kitchen, and outside patio. Restaurant currently features karaoke and live music. Venue has established clientele for breakfast, lunch and dinner. Turnkey opportunity with all operational equipment included. Comes with #12 liquor license and "off-track betting" (OTB) license and agreement with Turf Paradise.
Asking Price: $149,900 Gross Revenue: $691,000Cash Flow: Not DisclosedEBITDA: Not DisclosedInventory: Not Disclosed FF&E: 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.
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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.
Local Favorite - Breakfast/Lunch Restaurant and Sports Grill
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