LENDER PRE-QUALIFIED Restaurant and Bar with Motel

Business
  • Listing# : 15793
  • Listed Price : $1,900,000
  • Total Sales : $1,915,009
  • SIC : 5812
  • Down Payment : $600,000
  • Status : Active
  • Discretionary Earnings : $285,130

Business Type :

Restaurants / American Restaurant; Liquor Related Biz / Bar/Restaurant; Real Property Rltd / Motel

Business Description :

LENDER PRE-QUALIFIED, MULTIPLE REVENUE-STREAM HOSPITALITY OPPORTUNITY!  Profitable full-service restaurant and bar (on-sale only) with attached 33-room motel.  80% of total sales are from the restaurant and the real estate is included in the sale.  The restaurant benefits from limited competition in a rural region and has produced consistent year over year sales growth through 2019.  The menu offerings and quality of service make this restaurant a 'destination' for diners in the region.  The motel has been around for decades and the restaurant was re-built and is up-to-date and modern with quality finishes.  The motel occupancy is dependent and cycles with the level of construction occurring in the region (oftentimes there is a waiting list, which is the case currently).  This is a multiple revenue stream opportunity to own and operate two hospitality businesses under one roof.

Assets/Liabilities:

    • Accounts Receivable $43,308
    • Incl : No
    • Real Estate $1,300,000
    • Incl : Yes
    • Inventory $29,440
    • Incl : No
    • Liabilities $1,107,328
    • Incl : No
    • FF&E $400,000
    • Incl : Yes
    • Other: $0
    • Incl :
    • Leasehold $0
    • Incl :
    • Total Assets $1,700,000
    • Incl : Yes

Lender Prequalified: Yes

Similar Listing :

Restaurants, Liquor Related Biz, Real Property Rltd