Profitable Tavern and Entertainment Venue for Sale!
Asking Price: $425,000 Gross Revenue: $1,044,810Cash Flow: $122,196EBITDA: $122,196Inventory: Not Disclosed FF&E: $200,000 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.
Great opportunity to own profitable restaurant and bar on the Seacoast of New Hampshire! This American restaurant has a large space for private functions and live entertainment. It is one of the most popular taverns and music venues in a very stylish and thriving community. With a seating capacity of 230 customers, a festive atmosphere and excellent food, it is a favorite of locals and visitors. It is a turnkey business with tenured management who run the business allowing for a semi-absentee owner.
About the Business
Portsmouth, New Hampshire
Number of Employees:
Building Sq. Ft.:
$6,416.67 Per Month
The business is located in an urban area with significant growth. It is easily accessible to major highways and within walking distance to many customers. There is ample parking in downtown garages, lots and on the street. The entire space is approximately 4000 square feet.
There are no restaurants with similar space for entertainment in the area. The town itself has plenty of restaurants but this is the only one with such a unique space.
Growth & Expansion:
There are numerous ways to increase the business of this already extremely popular restaurant such as increase hours of operation and marketing.
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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
and assumes no responsibility for its accuracy, veracity, or completeness. See our
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