Locals Bar Established Over 20 years

Asking Price$250,000

Cash Flow
$70,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$400,000

Inventory$5,000
Not included in asking price
FF&E$40,000
Included in asking price
Real EstateNot Disclosed

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Locals Bar Established Over 20 years


Asking Price$250,000

Cash Flow
$70,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$400,000

Inventory$5,000
Not included in asking price
FF&E$40,000
Included in asking price
Real EstateNot Disclosed

Business Description
This well established Bar/ Grill is located in a national grocery store anchored shopping center. It has been in this location for over 20 years. Present owner has been there 3 years. Sales are very consistent with mostly local customers. Hours are 11 AM – 11 PM seven days. The bar caters to an older crowd who are very loyal. Sales run about $30 K / month with over $8K/month cash flow. Present owners rent out the kitchen and get 20% of the food sales. They do not want to mess with food but a good cook could take it over and increase profits. Rent is a very reasonable $2366/ month all in.

This is a turnkey opportunity to purchase a thriving bar & grill. If you are looking for that small “Cheers” type bar where everyone knows your name, this is it. Sellers will finance with half down Better hurry on this one. It will not be on the market long
About the Business
Facilities & Assets
Nice bar in a National Grocery anchored center. Locals hangout. Lots of TVs for sporting events. Nightly specials including trivia and Taco Tuesday
Market Outlook / Competition
Lots of upgrades added since taking over
Opportunities for Growth
Do your own food sales to increase the bottom line.
About the Sale
Seller Motivation
Sellers getting burned out.
Transition Support
2 weeks
Listing Info
ID
2433417
Listing Views
10

Contact Seller

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Business Listed by: Jim Bunting www.traddcommercial.com

Listing ID: 2433417 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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