Long Established Successful Restaurant & Lounge with Property

Asking Price$2,450,000

Cash Flow
$315,759
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$2,124,440

Inventory$30,000
Not included in asking price
FF&E$200,000
Included in asking price
Real EstateNot Disclosed

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Long Established Successful Restaurant & Lounge with Property


Asking Price$2,450,000

Cash Flow
$315,759
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$2,124,440

Inventory$30,000
Not included in asking price
FF&E$200,000
Included in asking price
Real EstateNot Disclosed


Seller Financing Available
Business Description
Established restaurant and lounge with real property boasting decades of robust sales and profitability. The fully managed business draws from the high density of surrounding locals and business patrons with its popular American comfort cuisine and excellent service. Revenue is driven by three primary streams: food sales, alcohol sales (beer, wine, liquor), and pull-tab games. The free-standing facility is meticulously maintained with no deferred maintenance and offers ample onsite parking.
About the Business
Years in Operation
55
Facilities & Assets
Premise Size is 5,489 sf plus 625 sf rental with seating in Dining 54, Private 50, Lounge 54
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
5,489
About the Sale
Transition Support
Training to be provided.
Financing Options
Financing available for qualified purchaser.
Listing Info
ID
2367646
Listing Views
584

Contact Seller

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Business Listed by: Tom OBrien Pacific Commercial Brokers

Listing ID: 2367646 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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