Seller's Contact Information
- RE: Thriving Bar & Grill With Growing Profits
- Contact: Roy Huffman
Quick Facts
| Asking Price: | $196,000 | |
| Annual Revenue: | $1,994,588 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $207,936 | |
| Total Debt: | Not Disclosed | |
| FF&E: | 175,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2015 | |
| Employees: | 22 | |
| BBN Listing #: | 14082743 | |
| Broker Reference #: | 12-240 |
Business Overview:
Popular gathering spot for good food, drinks, parties, watching the game and more. This restaurant and bar has great reviews and a terrific following. In 2020, the restaurant survived because of their curbside service and large spacious restaurant area.
Located next to a high income neighborhood right off the main road with lots of parking. Offering a variety of menu items and drink specials that keep customers coming back for more.
***PRICE UNDER VALUATION!***
2021 was a record-breaking year for highest revenues and profits!
2022 also earned a profit and earnings new record.
2023 is poised to be even better!
Bar is a fully staffed and smooth turn-key money maker!
Could be a great opportunity for the right restaurateur!
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Market Competition and Expansion:
As groups are allowed to gather, private area down stairs will be able to book more events. At full capacity both bar and restaurant do very well. Only bar and Grill with full menu in this high-end suburb, just off a Golf Course. Uses basement for private parties and events. Known for great food, location, and a place to watch sporting events.
Reason for Selling:
Retiring
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
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