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Asking Price$650,000
Revenue$1,535,312 Established1980
Cash Flow$241,172 Employees6 full, 14 part
FF&E$150,000 FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Stand Alone Bar/Rest/Liq. Lic. & Property. BUSINESS, LIQ. LIC. AND PROPERTY MUST BE PURCHASED TOGETHER. This is a prime corner location in the middle of a very busy area. They have fantastic reviews and offer traditional American fare. In the past year the business grossed approx. $1,535,312.60 (65% bar/35% food) with a net cash flow of approx. $241,172.00 for an owner/operator. The business is fully staffed with 20 employees. The purchase price breaks down as follows, the business for $650K, the liquor license for $350K and the stand alone property (with private parking lot) for $1.3 mil. THE OWNER KEEPS EXCELLENT FINANCIAL RECORDS. As such, the business will qualify for SBA financing with approx. 30% down ($690K). We are seeking a serious and financially qualified buyer with at least $690K in liquid funds. PROOF OF FUNDS WILL BE REQUESTED. To learn more, please call or email Mel Vaz today at 631-909-1095 or melvaz@vestedbb.com. 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.
Training/Support:Yes
Sale Reason:Divesting
Ad #109185
Seller Reference #31948
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Mel Vaz
877-735-5224
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