Jonesboro Restaurant & Bar, includes Prime Real Estate of $885,000

54619 Restaurant.jpg
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Restaurants & Food Businesses for Sale

  • Primary Category: American Restaurants for Sale

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

Reason for Sale

  • Retirement

Detailed information

  • Year Established: 2010
  • Home Based: No
  • Franchise: No
  • Relocatable: No
  • Lender Prequalified: No
  • SBA Prequalified: No
  • Full-Time Employees: 8
  • Part-Time Employees: 2
  • Contractors: N/A
  • Owner Worked Hours/w: N/A
  • Adjusted EBITDA: On request
  • Inventory Included: No
  • Inventory Value: On request
  • Monthly Rent: N/A
  • Real Estate Available: Yes
  • Real Estate Included: Yes
  • Real Estate Value: $885,000
  • Building Size: 4796
  • FF&E Included?: Yes
  • FF&E Value: $35,000

Training/Support

  • Seller will negotiate a transition period
Business Listed by
image of Broker Profile
Roy Stephens
Sunbelt of Little Rock
Email Roy
Show Phone Number
Listing ID
LITTLRK001-54619

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