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Business for Sale Summary

Unique Bar and Grill Business for Sale in Westches - 31988

Business Type: other eating & drinking places,other food stores,restaurant/ cafes/ diners,seller financing available,bar/tavern/night clubs
Unique Bar and Grill Business for Sale in Westches
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Financial Information (non-confidential)

General Information
Asking Price $399,000 Down Payment $275,000
Gross Revenues $900,000 Lease Remaining Register Free to View
Owner’s Cash Flow $160,000 Number of FT Employees Register Free to View

Financing

$275,000 Down and $124K over 3 yrs. @ 6%.

Business Description

Bar, Grill and Unique Recreation. This is a 4,800 sq. ft. bar and grill, with a full kitchen, full liquor license and private party room. The current owner has been here for 5 years and they have done a great job building a loyal following with a very unique recreation concept that is family friendly. This business receives great reviews. In the Winter they are open from 9:30am-1am and Summer hours are 4pm-1am. In the past year, the business grossed approx. $900,000.00, with a net cash flow of approx. $160,000.00. There are 10 years left on the current lease with standard 3% annual increases. The current rent is $9,200/month. There is also a large parking lot. This truly is one of the most unique bar/grill deals I have seen in years. We are seeking a serious and financially qualified buyer with at least $275K in liquid funds to cover the downpayment. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT SPEAK WITH ANYONE WHEN VISITING THE LOCATION. ALL MEETINGS MUST BE MADE BY APPOINTMENT ONLY!

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

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.