Seller's Contact Information
- RE: Cocktail Bar -w/Food -Beach Location -Open 5 Night
- Contact: Agent On Duty
- License #: 01995716
Quick Facts
| Asking Price: | $395,000 | |
| Annual Revenue: | $900,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $45,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1991 | |
| Employees: | 15 | |
| BBN Listing #: | 363055232 | |
| Broker Reference #: | 5099 NKD |
Business Overview:
Listing # - 5099 NKD
Cocktail bar with food, established 30 years.
Open 5 nights per week, only open in the evening from 5PM, need to extend hours, sellers have hired a manger to run the business.
Located close to the beach, University.
Has complete kitchen (equipment owned by landlord), sales increasing.
Major expense: rent-$13,700 including all utilities, taxes insurance, labor-18,000.
25% cost of goods, advertising-500.
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Reason for Selling:
Partnership Split.
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:
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