Asking Price: $149,000 Gross Revenue: Not DisclosedCash Flow: $85,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $100,000 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.
Fullfill your dream of owning your own bar without the headache of the food business! Present owner is semi absentee as an operator yet enjoys the social aspect of the bar business and if you didnt know him you'd prob think he's a customer! "Cheers Type atmosphere, Fun place to enjoy watching sports, Play bar games, Shoot pool, Darts or stop by for happy hour. CLOSE TO 2 OF THE BUSIEST RESTAURANTS IN CT.
About the Business
Middlesex County, Connecticut
Building Sq. Ft.:
$3,500.00 Per Month
AAA location. 1800 sf with large bar and outdoor dining ample parking. Huge traffic count
Very few local bars in the area.
Growth & Expansion:
A person with some cooking knowledge could add a more extensive menu with comfort food and a more expansive bar menu ADDING PUB MENU COULD PUT ANOTHER 50K A YEAR IN OWNERS POCKET!
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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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