Bar and Grill for Sale

Business
  • Listing# : 17939
  • Listed Price : $1,000,000
  • Total Sales : $2,044,975
  • SIC : 5813-01
  • Down Payment : $1,000,000
  • Status : Active
  • Discretionary Earnings : $281,772

Business Type :

Alcohol Related / Bars

Business Description :

This business, is a long-established restaurant, lounge, and pub located in the middle of an affluent neighbourhood, which continues to grow. The pub provides food, liquor, Lotto machines, and occasional entertainment to a long-devoted group of customers. The location is ideal, in an outdoor mall, in a traffic hub, surrounded by anchor tenants, and with several new apartment development projects nearby. Like all  establishments of this type, Covid affected performance for the larger part of two years. But 2023 results show a large bounce back to historical results.

Assets/Liabilities:

    • Accounts Receivable $13,044
    • Incl : No
    • Real Estate $0
    • Incl :
    • Inventory $32,528
    • Incl : Yes
    • Liabilities $133,988
    • Incl : No
    • FF&E $25,430
    • Incl : Yes
    • Other: $0
    • Incl :
    • Leasehold $0
    • Incl :
    • Total Assets $57,958
    • Incl : Yes

Lender Prequalified: No

Similar Listing :

Alcohol Related