Asking Price: $299,000 Gross Revenue: $800,000Cash Flow: $180,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $380,000 included in asking priceReal Estate: Not Disclosed Share 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.
A high grossing tavern established 18 years ago with all the elements for success big bar, over the top patio, private parties, multiple revenue sources, weekend late night entertainment, popular lounge and dining seats. You’re not just buying a profitable tavern but a piece of history which makes this a low-risk investment it's only on the market because of family. It’s rare to see an opportunity like this one act now to take advantage of this outstanding best buy tavern call now
About the Business
4,000 flourishing square feet, $5,500 judicious gross rent (includes CAM, property tax & insurance), established 18 money making years, large popular full service bar, 50 pulsating lounge & bar seats, 70 captivating patio seats with lucrative full bar, grill and fire table, 50 charismatic dining, 80 private party room, pool table with leagues, two magnetic fireplaces, money making games juke box & keno, 7 draft beer lines, two walk-ins, full kitchen, numerous big screen TV’s, end cap location in thriving center
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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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