Asking Price: $815,000 Gross Revenue: $370,000Cash Flow: $120,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $60,000 included in asking priceFF&E: $60,000 included in asking priceReal Estate: $715,000 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.
Amazing opportunity to own your own full-service bar and grill on the water. Professional fully equipped kitchen, POS system and extra’s. Daily food and drink specials. Serving delicious pizza, burgers, as well as sides and appetizers. Full bar beers on tap, beer coolers, and additional tasty drinks. The basement has a liquor storeroom.
This business is in Prime retail space in a freestanding building with ample parking by a busy intersection. DAILY TRAFFIC COUNT IN 2017 ALREADY POSSES 23,050 CARS / TRUCKS. Think of all the hungry, thirsty customer’s passing by DAILY
Real Estate and Business must be sold together!
Please call: 847.461.3222 ext 204
About the Business
Number of Employees:
1 FT & 7 PT
Building Sq. Ft.:
Spacious interior. Relaxing atmosphere. Plenty of bar stool seating which surrounds a handsome bar and high tops in addition to tables and booths. Weather permitted, this venue features live bands outside overlooking the water, likewise, if the weather shifts, the business can adapt and the live bands perform inside.
Besides having plenty of TV’s to watch all the sporting events there is a billiards table, a juke box, dart boards and a newly remodeled video gaming space. The locations annual gaming revenue is $70,000. Also included is an ATM machine.
Real Estate:Completely remodeled in 2016 which also included a NEW roof as well as NEW electric and pluming throughout the building.
Already surrounded by a vast residential area with a new development currently breaking ground.
Growth & Expansion:
This gem needs new ownership to compliment the on-going exciting committed changes happening around the surrounding area. Improve on the current Sports Pub theme or cultivate your own. Either way, if you are looking for a quality opportunity, stop looking and start by calling us to get the opportunity going.
Published Selling Price incl. Real Estate - Gaming Revenue $7K / month
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 & Conditions.