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Business For Sale

Restaurant, Bar and Slots!! With Real Property!

Berkeley County, WV, USA

Food & Beverage: Bars, Clubs, Nightspots

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$1,300,000
Not Disclosed
Not Disclosed
$108,500
$1,300,000
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1982
10
10227449
Owner Financing is Available
Owner financing could be available with a substantial cash payment. We are recommending to do a SBA loan.

Business for Sale Overview:

Here is an opportunity to own your own restaurant and the real estate. $84,500 of slots and rental income (see analysis). Lots of ways to build sales whether it is lunch, dinner, conferences, developing the lounge business, etc. Property is being sold through the Sperry Van Ness commercial real estate company.

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.

Property Features and Assets:

Located in a beautiful golf course. The lower level of the building would be leased back to the golf course as a pro shop golf course offices, etc. The rent value from the lease would be $24,000 a year. It's a beautiful place to meet after a golf game or just to meet friends and have a casual lunch or dinner, drinks. All glass front looking out onto the golf course.

Market Competition and Expansion:

Excellent opportunity and certainly no competition in the surrounding area.

Reason for Selling:

Re-organization and restructuring of debt.

Additional Details:

  • The property is owned.
  • 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.
 

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