Great local Mom and Pop corner bar. Current owners are the third owners in over 40 years in business providing gaming machines, full bar drinks and authentic American style food to many locals and customers from around the world. The business also is the most preferred soft tip dart location with the dart teams. The pool table is for casual play.
This fabulous bar has an excellent location and possesses the following positive attributes:
• High profit margins on increased gaming activity
• Increasing profits from operational changes
• Well established customer base which can grow
• Tremendous upside potential for greater profitability
Growth opportunities can be generated by doing the following:
• Increased advertising in local area around business
• Run specials geared to increase gaming activity
• Have owner/operator more active in running day to day operations
• Seller is highly motivated to sell. Act now to get a good deal.
For more information including a detailed confidential opportunity summary with financial information and photos, please call Bruce Hooker PC with Sunbelt Business Brokers at 702-239-0845 or email for a non-disclosure agreement to quickly receive the package at email@example.com
Asking Price: $247,500 Gross Revenue: $850,000Cash Flow: $80,400 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $7,000 included in asking priceFF&E: $200,000 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.
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