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- RE: Jonesboro Restaurant & Bar, Includes Prime Real Estate Of $885,000
- Contact: Erik De Renouard
Quick Facts
| Asking Price: | $920,000 | |
| Annual Revenue: | $845,388 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | $35,000 | |
| Real Estate: | $885,000 | |
| Year Established: | 2010 | |
| Employees: | 8 | |
| BBN Listing #: | SB-54619 | |
| Broker Reference #: | LITTLRK001-54619 |
Business Overview:
A favorite and desirable destination for over 10 years, this restaurant and bar can be yours because the owner is ready to retire. It's currently fully staffed so you could operate it turn key, or transition to your dream restaurant and bar with all the equipment and furnishings needed. The owner is ready to move on, so the price is at the appraised real estate value and a minimal amount for furniture, fixtures, and equipment. You could not open a comparable restaurant for anywhere near this price.Appraisal from 2014 was for $885,000. FF&E conservatively placed by the owner at $35,000. Private club arrangement for alcohol sales is included.A qualified buyer may obtain detailed information by calling Roy Stephens at 501-225-7277 or emailing roy.stephens@sunbeltnetwork.com.
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Reason for Selling:
Retirement
Additional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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