Business For Sale Listing 155318
Premier Downtown Seattle Bar & Restaurant
Status as of Nov-22-2008 at 05:59 PM: Active
Business Summary
This is a rare opportunity to purchase one of Seattle’s Premier Bars & Restaurants. It is in a prime location in Seattle’s rapidly developing downtown, with numerous high rise condominium and office projects under construction and in development.
In 2007 the business had gross revenue of over $4 million and EBITDA of approximately $660,000. 32% of sales are from food, 51% from liquor/beer/wine and 17% other. There is a highly professional management team in place.
A new owner could choose to continue to operate the business as an absentee owner, or he could opt to provide hands on management and increase cash flow. The leased facility is in excellent condition, and a detailed schedule of assets which are included in the sale is available on request.
The Seller will provide ample training to ensure a seamless transition of ownership. Only serious Buyer prospects, please.
Categories
Industry
Location
Financials
| Sales: |
Between $2.5 Million And $5 Million (4,050,000) |
| Profits: |
Between $500 Thousand and $1 Million (660,000) |
| Profit Type: |
Cash Flow |
| Fiscal Year: |
2007 |
| Asking Price: |
Not Disclosed (Negotiable) |
