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Business For Sale
$75K DOWN AND YOU'RE IN BIZ
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Asking Price: |
$295000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Bars, Clubs, Nightspots
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Reason for Selling:
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Buying a bigger establishment. |
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Year Established:
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2004 |
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# of Employees:
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1FT/9PT |
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Yearly Revenues:
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$606,000 |
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Yearly Cash Flow:
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$88,710 |
Business for Sale Overview:
Owner wants action and has opened the opportunity of owning this business with only $75K down. Exciting Sports bar and grill with very loyal following in fast growing community. Located off major highway. Bar and Grill has a new build out in 2004 with extensive upgrades to lease space. This is a very efficient operation, and can be run with minimal staff. Great menu of Burgers, Specialty Sandwiches and Appetizers. Very clean and inviting with a great layout.
Property Features and Assets:
3,600 sq. ft. building. Lease: $4,384/mo. plus $1,500/mo. CAM.
Market Competition and Expansion:
One of the fastest growing cities in MN. To “Go” Orders are increasing and total sales have increased by 50% in the last year.
Market Outlook: Very Good. Limited competition in area. This establishment is the place to be.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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