Owner Absentee Non Alcoholic Bar for Sale

Asking Price$1,000,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,001,783

Inventory$20,000
Not included in asking price
FF&E$30,000
Included in asking price
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Owner Absentee Non Alcoholic Bar for Sale


Asking Price$1,000,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,001,783

Inventory$20,000
Not included in asking price
FF&E$30,000
Included in asking price
Business Description
Owner Absentee Non Alcoholic Bar for Sale. This business is a bar without the bar headaches. Similar operations, healthier products, a growing market, and better margins. Customer base mostly consists of upper middle-income individuals that are aged between 30 to 45 looking for healthier alternatives to alcohol. The business does not need special permits or licenses such as a liquor license to operate but does need a health permit and a certificate of occupancy. The business occupies a 1,384 sq ft facility in a retail strip center in one of the busiest areas in Tarrant County surrounded by prominent national retailers. The General Manager handles the day-to-day operations including hiring, firing, scheduling, inventory, etc. The owners oversee the business from an upper management level overseeing financial, payroll and regular meetings with the management via phone and in person. This location is the #1 franchisee in the nation in terms of revenue. There is a lot of potential for growth as the overall market is growing as more and more people are looking for a healthier lifestyle and the younger generation being more health conscious. Although there are competitors, this business offers a wider range of products and strains with a much higher quality compared to the competition.

Listing ID #001566
About the Business
Years in Operation
2
Franchise
This business is an established franchise
Facilities & Assets
Situated near a major highway and surrounded by many prominent national and regional retail stores, the business thrives from high foot traffic around the area. The facility and equipment is less than 3 years old and in excellent condition.
Market Outlook / Competition
There are competitors but this business offers products that the competitors don't carry and use higher quality ingredients.
Opportunities for Growth
The business is still growing organically as there are many people that are not aware of its products. A few ways to increase growth is to offer catering/events with a mobile cart/vehicle for weddings, corporate events, etc.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,384
About the Sale
Seller Motivation
Other Opportunities
Transition Support
Training will be provided by both corporate and seller. Seller will provide training for an agreed upon time.
Financing Options
100% cash at closing or SBA financing with 20% cash down for qualified buyers.
Listing Info
ID
2446726
Listing Views
Attached DocumentsAttachment Disclaimer

NDA_Non_Disclosure_Agreement_for_001566_Owner_Absentee_Non_Alcoholic_Bar_for_Sale.pdf


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Business Listed by: V-AID Business Investment V-AID Group, Inc.

Listing ID: 2446726 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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