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Business for Sale Summary

Craft Beer Bar & Retailer - Unique Concept in New - 32499

Business Type: absentee business,misc. retail/non-classifiable,other eating & drinking places,other food stores,restaurant/ cafes/ diners,bar/tavern/night clubs
Craft Beer Bar & Retailer - Unique Concept in New
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Financial Information (non-confidential)

General Information
Asking Price $275,000 Down Payment $275,000
Gross Revenues $650,000 Lease Remaining Register Free to View
Owner’s Cash Flow $100,000 Number of FT Employees Register Free to View

Financing

$275,000 Down and None.

Business Description

Craft Beer Bar & Retailer - Unique Concept. Absentee Operation. This is a beer retail store with over 300 beers. This is a great spot to hang out and try some new beers in a casual and relaxed atmosphere. They offer beer to have on-site or to go. It must be seen to be appreciated. In the past year the business grossed approx. $650,000.00 with a net cash flow of approx. $100,000.00. That is after paying a full staff as an absentee owner. Sales have grown year over year since they opened 4 years ago. The business is in a prime location. It is 900 sq. ft. with a basement and there are 5.5 years left on the current lease with a rent of $13,100/mth. That may be extended for a qualified new owner. We are seeking a serious and financially qualified buyer with at least $287K in liquid funds to cover the asking price and inventory. The 36k rent security will be additional. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be made by appointment only!

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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.