Bar Restaurant - 3087 Business Type: bar/tavern/night clubs,other eating & drinking places,restaurant/ cafes/ diners
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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $235,000 | Down Payment | $150,000 |
| Gross Revenues | $486,308 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $82,262 | Number of FT Employees | Register Free to View |
Financing
$150,000 Down and 85000 @ 8% over 36 months
Business Description
Beautiful bar/restaurant located in a sporting complex. Great staff, sales and cash flow. All sales figures stated are minimums backed by computerized register tapes. No guesswork! All records are well kept. Rent is based on sales/profits and was approx. 30k last year. Utilities are 12k/yr fixed. Guaranteed traffic flow! Because rent is based on sales/profits landlord has done an excellent job increasing traffic and sales opportunities. Busy season runs from September through June with slower but steady sales through July and August. Beautiful sports bar/restaurant in busy complex. Total square footage is approx. 4000sq.ft. Capacity is approx 150pp. All equipment and furnishings are owned by landlord who shares in cost of repairs and is responsible for replacement. Approx. 9 years left on lease. License is restaurant beer/wine.
Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.
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