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Asking Price$325,000
Revenue$1,240,323 EstablishedUndisclosed
Cash Flow$189,489 Employees8 full, 6 part
FF&E$500,000 FranchiseNo
Inventory$20,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Fantastic stand alone bar/pub. **PRICE REDUCTION** This is a 4,000 sq. ft. bar and pub, with a full kitchen and outdoor patio. The current owner has been here for 11 years. He fully refurbished the location. This spot is in excellent condition, with 50 TVs, pool room with two pool tables, lounge area, and state-of-the-art sound system with DJ equipment. The POS system tracks everything. In the past year, the business grossed approx. $1,350,000.00, with a net cash flow of approx. $189,489.00 for a very part-time owner. There are 6.5 years left on the current lease, and the landlord will add at least another 5 years for a qualified tenant. Current rent is $11,000/month (including taxes, CAM, etc.). It is a triple-net lease, as it is a stand-alone building with its own parking in front and back for at least 20 cars. There is also a lot for over 50 cars across the street, which can be used in the evening. This truly is one of the best bar/pub deals I have seen in years. We are seeking a serious and financially qualified buyer with at least $240K in liquid funds to cover the downpayment and $24K rent security. If you meet the criteria, please call Mel Vaz at 1-877-735-5224.
Training/Support:The seller will train the new owner.
Seller Financing:200,000.00 Down & $125K and 4yrs. @ 6.5% (Negotiable).
Sale Reason:Cashing out for another opportunity.
Ad #97954
Seller Reference #29207
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Melvin L. Vaz
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