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Disclaimer: This site is hosted by Marathon Management Services, LLC (MMS). Each Sunbelt office is independently owned and operated. The information in this listing has been provided to the listing Sunbelt office by the business seller and should be verified by a qualified third-party. MMS, including its affiliates, has no stake in the sale of the business, has not verified any of the information and, therefore, assumes no responsibility for its accuracy or completeness. Read MMS's Terms of Use before responding to this advertised listing.
PDFModern Bar & Grill, with Real Estate Included
Listing ID:
BAKERCA001-N526
BAKERCA001-N526
The following broker is assigned to this listing:
Russ Allred
russ.allred@sunbeltnetwork.comCell: (661) 319-3072
Real Estate License ID: 01150862
Description
This is a Modern Bar and Grill with industrial décor, flat screens and entertainment. This location has had a bar for many years. The owners bought the land and business in 2010 and completely renovated both. The sale includes a #48 liquor license. Business is trending upward with ample income for an owner operator.
The seller prefers to sell the land, but will lease. The parcel is 15,000 sf on a high traffic street with plenty of rooftops and surrounding businesses. Sale price includes the real estate valued at $215,000.
Financials
| Asking Price: | $365,000 |
|---|---|
| Revenue: | $283,258 |
| Cash Flow: | $62,632 |
| Downpayment: | NEGOTIABLE |
| Monthly Payroll: | $0 |
| FF&E Asking Price: | $66,000 (Included in Asking Price) |
| Inventory Asking Price: | $5,000 (Included in Asking Price) |
| Financing Available? | Yes |
Property
| Asking Price: | $215,000 (Included in Asking Price) |
|---|---|
| Building Size: | 3,400 sq ft |
Other
| Franchise? | No |
|---|---|
| Homebased? | No |
| Relocatable? | No |
| Year Established: | 2010 |
| Year Acquired: | 2010 |
| Full-Time Employees: | N/A |
| Part-Time Employees: | N/A |
| Reason For Sale: | Owner is a Business Developer |