Profitable Bar with Seller Financing!

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Asking Price:
$599,000

Gross Revenue:
$1,532,502
Cash Flow:
$216,483
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

This Bar/Restaurant is a turn-key operation that has profitability on over $1.5 million in annual sales. This bar has a well-established following and is a staple in the Reno bar scene. From music to family entertainment activities this bar has it all.

The location and lease are perfect for this business and a new owner can easily step into the owner’s shoes to lead this business to greater profitability. The owner currently acts in an oversight capacity and does not participate in daily operations.

Please note this is a confidential matter and no additional information will be provided until a Confidentiality Agreement and background information has been submitted. Please hit the reply button to receive a confidentiality agreement and learn more about this opportunity.

About the Business

Location:
Reno, Nevada
Year Established:
2016
Number of Employees:
8
Real Estate:
Leased
Building Sq. Ft.:
14,000
Rent:
$14,000.00 Per Month
Facilities:
Busy primary street with lots of foot traffic.
Market Outlook/
Competition:
Multiple bars in immediate walking distance.
Growth & Expansion:
Opportunity to expand operations to additional floor of the same building. Additionally, could add more events and happy hours to target different group of patrons.
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About the Sale

Reason For Selling:
Other Business Opportunities
Training/Support:
Seller will provide training at no cost to qualified buyer.
Seller Financing:
Seller will consider seller finance for a qualified buyer with good credit and a sign

Listing Info

ID:
1628702
Ad Detail Views:
0

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Business Listed by

Katrina Loftin, CBI M&AMI

M&A Business Advisors
License# 32417

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