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Business For Sale
LANDMARK RESTAURANT & BAR, WITH REAL ESTATE
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Asking Price: |
$1,400,000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Restaurants, Fast Food, Deli
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Reason for Selling:
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Other Interests |
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Year Established:
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1948 |
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Yearly Revenues:
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$754,470 |
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Yearly Cash Flow:
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$200,000 |
Business for Sale Overview:
Landmark Restaurant & Bar, with mixed use real estate and income property in downtown location, gross sales approximately $750,000.
Sale price includes the real estate valued at $1.2 MM. Six rentable apartment units on upper floors generating $28,000 in income. Large lot for parking as part of real estate as well as off street parking. Video poker netting $143,000. Basement with walk in freezer and other equipment.
Property Features and Assets:
5,000 square feet building; included in sale price
Additional Details:
- The property is owned.
- 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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