Contact Information

 

 

Iconic Bar & Restaurant in Prime Location

  • Listing# : 15268
  • Listed Price : $425,000
  • Total Sales : $1,263,928
  • SIC : 5812
  • Down Payment : $425,000
  • Status : Active
  • Discretionary Earnings : $158,931

Business Type :

Restaurants / Full-Service Restaurants, Restaurants / American Restaurant

Business Description :

The Restaurant is a classic, casual American restaurant with a loyal customer base. Importantly, the restaurant has grown steadily over the past 2 ½ years under the current ownership with improved revenue and profits in each year and projected revenue and profits for the current year to exceed previous years significantly. The restaurant is owned and operated by a small group of experienced business-men and women, two of whom have extensive restaurant experience. The improved performance is a result of attention to detail, a well-trained wait staff and importantly, quality food prepared by experienced chefs and prep staff.

Assets/Liabilities:

    • Accounts Receivable $0
    • Incl :
    • Real Estate $0
    • Incl :
    • Inventory $18,500
    • Incl : Yes
    • Liabilities $0
    • Incl :
    • FF&E $25,000
    • Incl : Yes
    • Other: $306,500
    • Incl : Yes
    • Leasehold $75,000
    • Incl : Yes
    • Total Assets $425,000
    • Incl : Yes

Lender Prequalified:

Similar Listing :

Restaurants