Asking Price: $799,000 Gross Revenue: $1,729,397Cash Flow: $251,777EBITDA: $251,777Inventory: $35,000 not included in asking priceFF&E: $350,000 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.
This is a BROKER's listing; please do NOT submit an inquiry for this business if you do NOT intend to:
1) Sign a Confidentiality agreement (a.k.a. Non-disclosure [NDA]);
2) Respect FRANCHISOR's business confidentiality by not disclosing Business info to a third party;
3) Make advanced appointment/notify BROKER of your approach of FRANCHISOR.
4) Other brokers/agents please identify and request a co-brokering agreement on your 1st contact of Listing BROKER.
Nearly $2 million in sales and over $200K in Owner’s profit speaks volume about this business establishment, which serves excellent American scratch-kitchen bar and grill food & offers delivery services.
Rated 4 stars online by reviewers, this business is a favorite hang-out destination with local supporters and has garnered a significant loyal customer base since its establishment in 2012.
On the virtual side, the business is represented by a professionally designed website. On the entertainment side, the business earns returned customers not only for the good food it serves, but also for providing a fun atmosphere with table games (such as billiards, poker), and arcade games. It hosts fans of Buffalo Bills, pool league 3 days/week, domino league 2 times/week, UFC boxing fans, and golf charity tournaments (just to mention a few).
About the Business
Number of Employees:
Building Sq. Ft.:
$15,000.00 Per Month
Bar was recently renovated in 2015 – 2016. Reasonable rent.
1) Business website was customized to Owner’s preference with sport / tournament schedules for customers convenience of celebrating. 2) Not too many bar-&-grill premises in town has an excellent combination of food and games. This business stands out as one of a few that local could name. Online ratings speak for the business’ quality and performance. 3) Owner is highly experienced in training courteous, friendly staff and good cooks, who maintains food consistency since the restaurant opened for business.
Growth & Expansion:
Due to having to manage multiple businesses, the current owner dedicates no time to advertise the business. Serious buyers who want to bring this business to the next level could help sales peak and exceed $2 million/year by launching online and local promotions to attract new crowds of sport fans.
Profitable bar in Dallas-Addison + side income – Biz visa opportunity
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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
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