Asking Price: $198,900 Gross Revenue: $220,000Cash Flow: $60,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $3,000 included in asking priceFF&E: $65,000 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.
Extremely Rare as this Retro bar checks all the boxes for being an amazing opportunity.
Area is poised for unlimited growth with its new partnership with the Beaches. Turn-Key operation specializing in craft beer and old school arcade games. Rent doesnt get any cheaper than this. This is a no brainier and will probably sell to the first qualified cash buyer.
*** Important*** All buyers must complete a signed NDA either the one attached our request an electronic one. There is no SBA or bank financing and buyer will have to show proof of funds for the down payment. This is designed for an owner operator.
About the Business
Number of Employees:
Building Sq. Ft.:
$1,300.00 Per Month
Located on a high traffic road 10 minutes from the one of the nicest beaches in the world. Great parking behind the bar along with nice patio area perfect for outdoor events. All new plumbing, electrical and AC. Literally just open and make $$$.
There is only one other bar on the street and this market is just beginning to take shape. The timing couldn't be any more perfect.
Growth & Expansion:
Plenty of room to add full liquor license, food items, expand the patio area with a grill, stage and awning. So much can be done to take this to another level..
Rare Downtown Bar Top Location Low Rent High Volume!
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.