Asking Price: $300,000 Gross Revenue: $470,459Cash Flow: $120,506 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $2,000 included in asking priceFF&E: $50,000 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.
Popular SW Portland sports bar located on a very busy street. The proprietor also owns the free-standing building/real estate so negotiating the lease will be an easy transition. Owner would also consider selling the building. The business has been successfully operating for nearly 25 years and is a local’s favorite. Lottery machines, pool tables, big screen TV’s, local band music venue, outdoor seating, ample parking, impeccable online reviews, this is a can’t miss opportunity for anyone wanting to purchase a sports bar. Do not wait on this opportunity. An NDA and Buyer Profile will need to be completed for information on this listing.
About the Business
Number of Employees:
This is a well-known, established bar. Same owner for over two decades. The clientele is very loyal. A can’t miss opportunity for a buyer that will benefit from the goodwill created.
It is a competitive industry.
Growth & Expansion:
Enormous growth potential with an energetic, creative proprietor that can use online promotions for music venues, daily happy hours, and the like.
The information on this listing has been provided by either
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
full Terms & Conditions.