A favorite and desirable destination for over 10 years, this restaurant and bar can be yours because the owner is ready to retire. It's currently fully staffed so you could operate it turn key, or transition to your dream restaurant and bar with all the equipment and furnishings needed. The owner is ready to move on, so the price is at the appraised real estate value and a minimal amount for furniture, fixtures, and equipment. You could not open a comparable restaurant for anywhere near this price.
Appraisal from 2014 was for $885,000. FF&E conservatively placed by the owner at $35,000. Private club arrangement for alcohol sales is included.
A qualified buyer may obtain detailed information by calling Roy Stephens at 501-225-7277 or emailing [email protected].
Financial Information
$920,000
Asking Price
On request
Cash Flow
$845,388
Gross Revenue
On request
Down Payment
Yes
Financing
Business Location
City:
Jonesboro
State:Arkansas
Financing Comments
Seller will consider some financing for a qualified buyer