Business for Sale Overview:
OWNER will finance a buyer that can put $12,500 down. This bar and restaurant does about $950 a day in sales when the restaurant is open. On the days that the restaurant is not open, the sales are about $500 a day. The restaurant is open limited hours. Gaming commissions are another $30,000 a year. You could add an ATM to add more profit. It is about 1500 sq. feet. There are nine employees. The rent is $900 a month and that includes real estate taxes. The lease is for five years at that price. The power bill is less than $1000.00 a month. There is a large walk-in cooler for storage. The food is outstanding and the current owner has had it for 25 years. This place has been around since the 1950’s. This bar is priced to sell and the owner is motivated. MOTIVATED SELLER. You will never find a place like this for such a great price. Equipment and furniture is worth $30,000 or more.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Reason for Selling:
Retiring
Additional Details:
- The property is leased.
- The owner is not willing to train/assist 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.