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Business For Sale

BAR - #5308

Ames, IA, USA

Food & Beverage: Bars, Clubs, Nightspots

Asking Price:
Year Established:
Employees:
Listing Number:
$315,000
1999
1FT 24PT
30922743
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$569,631
Not Disclosed
$105,723
Not Disclosed

Business for Sale Overview:

BAR: This bar is a ten year old, well known, campus town tradition. The location is exceptional. It is not unusual to see 100+ customers waiting in line to enter the business on Wednesday through Saturday evenings. Recently, from a Seller meeting, the city increased the occupancy from the original 139 patrons to 170. This increase is already being seen increased revenues. From years of success at this location, as well as six (6) other similar locations in four (4) states, the Seller is very knowledgeable and will assist in a smooth transition. Current owner nets over $105,000.

For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.

Property Features and Assets:

Lease Amount: $2,322 per month. Furniture, Fixtures and Equipment: $66,877 Included in asking price. Inventory: $4,000 Included in asking price.

Reason for Selling:

Relocating

Additional Details:

  • The property is leased.
  • The owner is 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.

Contact the Seller:

To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.

Additional Information

BAR - #5308
Business Listed By:
Roy Huffman
First National Business Corporation
contact the seller
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