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Business For Sale
I-70 BAR & GRILL
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Asking Price: |
$250,000
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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Managing Partner tired of the commute from Denver. |
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# of Employees:
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35 PT |
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Yearly Revenues:
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$1,000,000 |
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Yearly Cash Flow:
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$137,000 |
Business for Sale Overview:
THE NEW LOWER PRICE OF $250,000 IS LESS THAN 2 X BENEFICIAL INCOME TO WORKING OWNER! At the busiest intersection in town and with great visibility and signage. Heavy truck traffic, tourists, and normal highway traffic. 12 motels at this intersection. Seats 100 for dining plus 54 in bar. Plentiful parking.
Property Features and Assets:
10 year lease at $5,847/Mo. gross and two 5 year options.
Market Competition and Expansion:
There are many fast food outlets here but few sit down breakfast, lunch and dinner businesses - and a bar is hard to find.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner may be 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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