Bar and Grill

  • Listing# : 12674
  • Listed Price : $70,000
  • Total Sales : $313,551
  • SIC : 5813-01
  • Down Payment : $70,000
  • Status : Closed
  • Discretionary Earnings : $18,998

Business Type :

Restaurants / Brew/Pub

Business Description :

This lively spot has a great beer & cocktail selection along with a great bar menu and hosts live entertainment and great happy hour specials. The restaurant is designed with a clean look, warm colors, rich wood and artwork throughout. The company's goal was, and still is, to provide great food made fresh and exceptional service at affordable prices along with fine spirits, wine and beer. The restaurant was based on the fine tradition of providing fresh exciting food, premium cocktails and beer in an inviting and casual atmosphere. This popular restaurant and bar is known for its wide selection of Craft Beers and delicious food. This is a wonderful opportunity for a new owner to carry on the legacy this popular restaurant bar has established in the OKC county area. The business is known for its excellent food, wonderful service and special atmosphere. The facility consists of a professional commercial kitchen, a full dining room with lots of available seating. The business generated yearly gross sales of $314,000 in 2015 consisting of 50% liquor and 50% food sales and can provide a stable net income to the operator. The current owner has other business obligations so currently this establishment is only open 5 days per week for a total of only 24 hours. A new energetic owner could easily double those hours. The restaurant has a square footage of 1350 with a seating capacity for approximately 38 customers. The facility has plenty of parking. The business has a full staff of seven plus experienced employees. Viewings are by appointment only. This is a great opportunity for an audacious entrepreneur, a greatly located Oklahoma County. Lots of equipment, furniture and POS system are included. The owners are downsizing because they have other business interest. The business is priced to sell quickly and a real deal. The seller is very motivated to sell.

 





Assets/Liabilities:

    • Accounts Receivable $0
    • Incl :
    • Real Estate $0
    • Incl :
    • Inventory $15,000
    • Incl : Yes
    • Liabilities $0
    • Incl :
    • FF&E $17,000
    • Incl : Yes
    • Other: $0
    • Incl :
    • Leasehold $13,805
    • Incl : Yes
    • Total Assets $45,805
    • Incl : Yes

Lender Prequalified: No

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Restaurants