964 Buyers Online Now
Buy Business Sell Business Business Brokers My Account
Photos Website Map
Asking Price$99,000
Revenue$269,000 EstablishedUndisclosed
Cash Flow$54,360 Employees0 full, 6 part
FF&E$50,000 FranchiseNo
Inventory$7,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Great Bar & Grill w/bsmt. *PRICE REDUCED* The owner spent considerable time and money designing this location with great attention to detail. You will see this upon entering. It is a great local restaurant offering burgers, fries, beer/wine, a friendly atmosphere and great customer service. It has all that a restaurateur would look for, low rent ($3,363/mth), 1,200 sq. ft., plus a 150 sq. ft. yard a large kitchen with full grill and hood and a finished prep basement of 600 sq. ft. You can come in today and operate without having to spend a penny on upgrades/repairs. The menu can be expanded to add daytime service, weekend brunch, etc. They are currently open 7 days from 4pm - 1am (until 2am on Fri.). There 5 years remaining on the lease with 4% annual increases. The business currently operated on an absentee basis as the owner has moved out of the country. In the past year the business grossed approx. $299,000.00 and it continues to grow. The net cash flow was approx. $54K - RUN ABSENTEE! This location needs an owner/operator to really grow. The current payroll is approx. 30% of gross sales. We are seeking a serious and financially qualified buyer with at least $75K in liquid funds to cover the downpayment and inventory. To learn more, please call Mel Vaz. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT MENTION THE SALE WHEN VISITING THE LOCATION.


For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-29735 for instant access to this business information.



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.  


For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-29735 for instant access to this business information.
Training/Support:Yes
Seller Financing:65,000.00 Down & $34K over 3 yrs. @ 6%.
Sale Reason:Owner has moved out of the country.
Ad #109698
Seller Reference #29735
The information in this ad has been provided by the business seller or representative stated on this ad. BuyBusiness.com has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness. Please read our Terms of Service before responding to any ad on our website.
Contact This Seller
Vested Business Brokers
Vested Business Brokers
877-735-5224
Name
Email Address
Message