West Omaha Local Pub with over $300K in Profit

Omaha, NE
Douglas County

West Omaha


Asking Price: Annual Revenue:
$955,000 $1,244,712

Food & Beverage: Restaurants, Fast Food, Deli


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RE: West Omaha Local Pub with over $300K in Profit Broker: Jared Olson
Owner Financing is Available!
10% Buyer Down Payment $95,500 10% Seller Financing $95,500 80% Bank Loan $764,000

Quick Facts

Asking Price: $955,000
Annual Revenue: $1,244,712
Net Profit: Not Disclosed
Cash Flow: $310,514
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2012
Employees: Not Disclosed
BBN Listing #: 752434398
Broker Reference #: RST009-I

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Business Overview:

This 100% absentee owned business is offering anyone the opportunity to step into a new entrepreneurial venture as it is currently priced to sell with a very low multiple of 3.05 due to the owner’s need to relocate closer to family! Having been established since 2012, this local bar and grill has been a fan favorite for its diverse repeat client whose out-spoken voices have helped tailor the menu to the local favorites. Not only is it priced for accessibility, the business has an excellent staff and chain of command established, a well-renowned local reputation, and a welltraveled and safe space in the community that is large enough to cater to each of its loyal patrons! The 22 person staff consists of 3 full-time managers with the remaining 19 part-time associates controlling the day-today restaurant operations. Currently this business opens their doors to the public at 3PM allowing the happy hour crowd a place to unwind but the owner has noted that there is an opportunity for growth if the new owner extends these hours earlier in the day to allow for a lunch
rush.

Priced at $955,000, a 10% down payment of $95,500 returns $185,239 in the first year after debt payments! This lowered price offers new ownership the opportunity for a 193% return on investment in the first year! Excellent and expansive marketing in recent years has led to great success as most weekends are standing room only in their space of over 3,800 square feet. Fear not, this business comes with over $130,000 in assets so that the buyer can
continue to handle this high volume of customers. This business has an excellent local reputation and is well known in the area as the place to go for specific pallet cravings.

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Reason for Selling:

Moved to Western Nebraska to be closer to family

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.

Documents:

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