Lancaster County Bar & Grill With 100 Seats

Lincoln, NE
Lancaster County

Asking Price: Annual Revenue:
$76,000 $376,169

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Lancaster County Bar & Grill With 100 Seats Broker: Cortney Sells
Owner Financing is Available!
Purchase Price: $76,000 50% Buyer Down Payment: $38,000 50% Seller Financing: $38,000

Quick Facts

Asking Price: $76,000
Annual Revenue: $376,169
Net Profit: Not Disclosed
Cash Flow: $45,121
Total Debt: Not Disclosed
FF&E: $28,000
Real Estate: Not Disclosed
Year Established: 2012
Employees: 7
BBN Listing #: 617934398
Broker Reference #: RES098

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Business Overview:

This Lancaster County Bar & Grill on Highway 2 seats 60 customers in the restaurant and 40 in the bar. Established in 2012, the turn-key restaurant is a perfect fit for a first-time restaurant owner, located less than ½ hour from Lincoln. There are two full time and five part-time employees on staff, including a bar manager who handles all ordering for the bar while the owner manages employees, financials and orders supplies. Additionally, servers, cooks and bartenders round out the staff to ensure customers have a good time and seldom have to wait.

The current owner is willing to carry up to 50% of the purchase price, which significantly lowers the financial burden of purchasing a business, and completely eliminates the need for a bank. $28,000 of equipment includes walk-in freezer and cooler, 4 keg cooler, security system and kitchen equipment.

There are two sides to this business. One side is a family-friendly diner-style restaurant. The other side of the business and building is a bar/lounge area, which allows for seating for 40 patrons.

Currently providing the only opportunity for Keno and games in town, this establishment caters to locals looking for breakfast, lunch, and dinner in the restaurant area, which seats up to 60 people and accounts for 65% of sales. The remaining 35% comes from alcohol sales at the bar.

An incoming owner could drive traffic with a social media page or website to announce events such as poker runs, dart leagues or kitchen specials.

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Property Features and Assets:

4,500 square feet at $2,400/month.

Market Competition and Expansion:

Growth Opportunities: Social media presence/marketing

Reason for Selling:

Spouse's health.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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