Restaurant and Bar with Attached Motel

Business
  • Listing# : 15793
  • Listed Price : $1,750,000
  • Total Sales : $2,283,000
  • SIC : 5812
  • Down Payment : $525,000
  • Status : Active
  • Discretionary Earnings : $384,251

Business Type :

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

Business Description :

LENDER PRE-QUALIFIED, MULTIPLE REVENUE-STREAM HOSPITALITY OPPORTUNITY!  Did well in 2020 and 2021 is on pace to be MOST PROFITABLE YEAR EVER. 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 the region and has produced consistent year over year sales growth through 2021.  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 $1,200,000
    • 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 $1,600,000
    • Incl : Yes

Lender Prequalified: Yes

Similar Listing :

Restaurants, Liquor Related Biz, Real Property Rltd