Details - Information last confirmed on March 31, 2021
Listing ID # 31948
Stand Alone Bar/Rest/Liq. Lic. & Property. The business, liquor license and property must be purchased together. This is a prime corner location in the middle of a very busy area. They have fantastic reviews and offer traditional American fare. The upstairs bar and dining room were just renovated. In the past year the business grossed approx. $1,535,312.60 (65% bar/35% food) with a net cash flow of approx. $241,172.00 for an owner/operator. The business is fully staffed with 20 employees. The purchase price breaks down as follows, the business for $550K, the liquor license for $350K and the stand alone property (with private parking lot) for $1.3 mil direct from the owner. The owners keeps excellent financial records. As such, the business will qualify for SBA financing with approx. 30% down ($660K). We are seeking a serious and financially qualified buyer with at least $660K in liquid funds. Proof of funds will be requested. All site visits must be discreet. Please do not speak with anyone when visiting the location. All meetings must be scheduled by appointment only!
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