Asking Price: $550,000 Gross Revenue: $1,320,000Cash Flow: Not DisclosedEBITDA: Not DisclosedInventory: $20,000 not included in asking priceFF&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.
Completely remodeled from top to bottom Sports Bar and Grill. Long bar with about 20 stools. Total fire capacity of 204 persons. Has separate banquet room of approx. 50 people. Full liquor license. Grandfathered in entertainment. Current owner does 2 nights of Karaoke and 2 nights of Live entertainment. Licensing allows for 7 nights entertainment and 7 nights to be open until 2 AM. Full management in place with a GM, a Night Manager, and 2 additional part time managers which together cover all 7 days per week. Great sports themed bar with local community tie-ins.
Hurry this one won’t last.
About the Business
Number of Employees:
Building Sq. Ft.:
Approx. 5,500 square foot Bar and Grille. Just remodeled in past 3 years.... 14 T V's
One of kind sports bar that has Friday and Saturday Entertainment - bands
Growth & Expansion:
Very oriented toward the community and school sports
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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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