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Business For Sale

BAR/LOUNGE

Attn: Darren Squires
Dallas County, TX, USA
Listing Number: "6002-4497"
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Asking Price: $525,000 USD USA Dollars
Business for Sale Industry: Food & Beverage: Bars, Clubs, Nightspots  
Reason for Selling: Owner wants to pursue other opportunities
Year Established: 2003
# of Employees: 15
Yearly Revenues: $736,350
Yearly Cash Flow: $216,962
Yearly Net Profit: $196,962
 

Business for Sale Overview:

Bar/Lounge for Sale in the highly popular Lower Greenville restaurant and bar area. Current owners have turned this weekend hot spot into an automated money maker. Current operation structure only requires about 20 hours a week involvement by the owners, mainly taking care of bookkeeping and general management tasks. New owner would have great opportunities to grow business as 90% of current revenue happens between 11 pm & 2 am on Fri. & Sat. and great patio is underutilized.


Property Features and Assets:

Assets=$251,700;


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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