This is truly a remarkable Bar and grill, (sports Bar) super big Kitchen with lots of updated equipment approx 18 foot hood very clean Bar /Kitchen. oven stove grill equipment is in great condition. currently has a vendor that supplies 5 diamond pool tables for tournaments a new touch tunes juke box, 50/50 on all profit made from the vendors equipment as well as a decent commission from the ATM. Big flat screens are perfect for all the sports games. Large outside patio.bar has a kitchen take out window for pick up deliveries and is open visually accessible to the bar area, this place is rare find and is the perfect investment for the entrepreneur motivated individual. current owner is retiring and moving out of the state.
About the Business
Number of Employees:
FT 2 PT 10
18ft hood, newer stove's, ovens, appliances, utensils, and the key turn is ready to go. Restaurant has three restrooms, and one in the kitchen.
This sports bar/restaurant is nicer and larger than those in the area. The kitchen is huge and gives you enough space for lots of cooking. It contains some different games you can choose to keep.
Growth & Expansion:
Seller might be willing to carry small percentage . lease rent is only $4150
Asking Price: $285,000 Gross Revenue: $480,000Cash Flow: $72,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $4,000 not included in asking priceFF&E: Not Disclosed 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.
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