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Asking Price$115,000
Revenue$235,000 Established2010
Cash Flow$95,000 Employees1 full, 5 part
FF&EUndisclosed FranchiseNo
Inventory$2,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Located near a major university, this bar and grill has always been a favorite local spot for sports, karaoke, drinks, fun and food. First established around 40 years ago, the restaurant is located on a major highway with good access and parking. Just over one year ago when the seller first took over, the present owner invested $150,000 in upgrades to the facility. The bar and grill now features several big screen tvs for sports and a karaoke stage, making it a popular night spot. Menu features traditional American (burgers, wings, etc.), Greek and Mediterranean. All ABC permits. Due to the demands of running a separate restaurant, the owner has only been operating this business five nights per week - 5 to 10:00 PM. The new owner could easily expand hours and days of operation to greatly increase volume. Rent on the 4,200 sq. ft. building is only $1,500 per month with a 13-year lease. Owner only selling due to other business obligations and will consider some financing. Great opportunity to acquire a growth opportunity located in an affluent and vibrant part of the state.
Training/Support:Yes
Sale Reason:Other
Ad #102845
Seller Reference #30391
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Vested Business Brokers
Vested Business Brokers
877-735-5224
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