Seller's Contact Information
- RE: Bar With Unique Customer Base And Entertainment
- Contact: David Keith
- License #: 5481105PBOO
Business Overview:
This Unique Business Opportunity serves food, alcohol and caters to unique clientele. Well established for over 25 years. Clients are both general public and business. Great opportunity to expand.Â
Prior to disclosure potential purchasers must fill out attached Business Disclosure/Confidentiality Agreement and demonstrate to broker on behalf of seller they have access to the full sale price in cash. No business loans, SBA or otherwise will be considered by seller.Â
Business comes with $20,000 of inventory at seller's cost. F.F.&E allocation is $400,000.00 included in the sale price.Â
Real Estate is leased. New owner will need to assume current lease or negotiate new lease. Landlord is reasonable according to seller.
Adjusted Operating Income (A.O.I.) for 2023 was $192,230.00. A.O.I. is "Money to an Owner/Operator for personal benefits and debt service. Sales for 2024 are $15,000 higher for the first six months of the year compared to the same period in 2023.
Please text or email broker for information/disclosure.
Property Features and Assets:
Current Lease to be Assumed by Purchaser or Negotiated New Lease. Seller of business does not own the property.Â
Market Competition and Expansion:
This business out performs its local competition and has multiple location expansion potential.Â
Reason for Selling:
Retiring. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
Relevant Links:
Opportunity Update!
Exciting update: Bar With Unique Customer Base And Entertainment has a new owner due to high interest! More opportunities await. Explore our site for other listings or sign up here for email alerts. Find your perfect business opportunity today!
Asking Price: $229,000Restaurant with Strong Bar Sales and Long History
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