Business For Sale Listing 141544
Bar, Restaurant, Club with Catering Hall
Status as of Sep-7-2008 at 06:01 PM: Off The Market
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Business Summary
Bar located on a main highway for sale. Needs new motivated management. The downstairs is a huge catering hall. Great bar business with pool tables. Has a good food business. Lots of catering done. Gets many walk-in clients. There are vending cases inside too, with room for slot machines. Has full menu with steak and seafood. Adding a sports bar would bring in more revenue. 2 acres of land included in asking price.
$1,000 rent received from a rented storage unit. Has license for exotic dancing which brought in $60,000 a month. Dancing has been closed for four years. Property has been appraised at $1,500,000. Owner is willing to finance with 40% down. When dance club was open revenue was $720,000.
Categories
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Industry
Location
Financials
| Sales: |
Between $100 Thousand And $500 Thousand ($240,000) |
| Profits: |
Between $100 Thousand and $500 Thousand ($160,000) |
| Profit Type: |
Cash Flow |
| Asking Price: |
Between $1 Million and $2.5 Million ($1,100,000) |
