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Quick Facts
Asking Price: | $900,000 | |
Annual Revenue: | $1,090,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $229,100 | |
Total Debt: | Not Disclosed | |
FF&E: | $25,000 | |
Real Estate: | $400,000 | |
Year Established: | 1989 | |
Employees: | 31 | |
BBN Listing #: | 67934955 | |
Broker Reference #: | 8104-17923 |
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Business Overview:
Fantastic opportunity to purchase this thriving business. With a track record of over 30 years this is a special restaurant/bar that has the full support of the community.
Current owner has done a great job of managing this restaurant even through difficult times and has set it up for success for the next owner. Cashflow is strong and consistent.
Bar does have video poker.
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Property Features and Assets:
Stand alone building with parking. Real Estate is included in sale. Assets = $430,000
Market Competition and Expansion:
This restaurant is located is a smaller community and is well established. The city has seen growth and continues to see growth with this the restaurant should see continued growth.
Reason for Selling:
Owner is retiring.
Additional Details:
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