Business For Sale Listing 142833
'Navy Town' Bar & Grill
Status as of Sep-7-2008 at 06:00 PM: Active
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Business Summary
This Bar & Grill is a well known eating/drinking venue for naval types in the Kitsap area. Located about midway between Bangor and Bremerton Naval Shipyard, this place has been 'packing them in' for years. Parking is available for 100 cars but still not enough on weekends.
The owner desires to offer this business out as a 'franchise' opportunity to help the buyer learn the business and offers the Buyer the right to continue to use the existing name which has adorned other outlets in California and is currently active in Guam. The seller is desirous of opening new outlets elsewhere so the name of this 'chain' is destined to grow, especially in locations with a strong naval presence.
The premises include a 4900 square foot facility which has been operating as a bar & grill for a long time. Navy related clientele represent about 80% of the total business. The current lease is about $ 3,300/mo.
Strong cash flow (~ $0.6 million/year). Come check out all the naval regalia. Currently has a ‘Class H’ liquor license. The owner currently enjoys about $ 8-10,000 of personal benefit from this business establishment per month.
This is a fun place!
Categories
Industry
Location
Financials
| Sales: |
Between $500 Thousand And $1 Million ($600,000) |
| Profits: |
Between $100 Thousand and $500 Thousand ($100,000) |
| Profit Type: |
Seller's Discretionary Cash Flow (SDCF) |
| Fiscal Year: |
2007 |
| Asking Price: |
Between $100 Thousand and $500 Thousand ($200,000) |
