Hot Listing

Profitable Turnkey Restaurant & Bar for Sale

Asking Price$695,000

Cash Flow
$245,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$2,000,000

Inventory$50,000
Included in asking price
FF&E$305,000
Included in asking price
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Hot Listing

Profitable Turnkey Restaurant & Bar for Sale


Asking Price$695,000

Cash Flow
$245,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$2,000,000

Inventory$50,000
Included in asking price
FF&E$305,000
Included in asking price

Seller Financing Available
Business Description
Established profitable restaurant and bar available to purchase. Keep or convert to your concept. The owner has made his fortune over several decades of operating, and is preparing to step back and enjoy the fruits of his labor in retirement! Owner takes home $225k + annually after all expenses.

This establishment is a neighborhood darling and customer magnet, strategically located in a high-visibility area. The fully equipped kitchen, bar, dining areas, and private dining space provide a versatile platform for your business vision. Ample on-site parking and a spacious outdoor patio add to its appeal.

This is a turnkey opportunity with all FF&E included, generating over $2,000,000 in annualized gross sales. Experienced staff and management are in place.

This is an open and operating business, please do not ask or discuss this sale with the staff.

A signed confidentiality agreement, proof of funds, and operating history will be required for details.

Lease assumption/assignment with option to extend through 2033.
Experienced operators only.

Gross Annual Revenue $2,000,000
FF&E $305,000
Rent and Operating Expenses $8,150/month
Approx. Square Footage 6,400
Parking Spaces 100+
About the Business
Years in Operation
32
Number of Employees
25
Facilities & Assets
Full FF&E list and lease document available upon signing of Confidentiality Agreement
Monthly lease cost: $6,500 base rent and $1,650 CAM and OpEx including trash and water/sewer
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
6,400
Rent
$8,150.00 per month
Lease Expiration
2/1/2028
About the Sale
Seller Motivation
Owner is retiring
Transition Support
Owner will assist with training during 30 day transition peroid
Financing Options
Some seller financing available for well qualified buyers
Listing Info
ID
2288491
Listing Views
1866

Contact Seller

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Business Listed by: Steve Wohl

Listing ID: 2288491 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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