Lender Prequalified Neighborhood Bar *Less Than $30k Down*

Jacksonville, FL (Duval County)

Seller Financing Available
Lender Prequalified Neighborhood Bar *Less Than $30k Down*

Asking Price:$98,900

Cash Flow:$36,809

Gross Revenue:$177,042

EBITDA:N/A

FF&E:$25,000

Inventory:$6,500

Established:30

Lender Prequalified Neighborhood Bar *Less Than $30k Down*

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Business Description

If you've wanted to own and operate a neighborhood bar, this is the one for you! 30-year operation with beer/wine and simple food menu. Games and billiards, smoking permitted, weekly bar specials all encourage patrons to frequent. 2COP license. Owner/Operated. Lender prequalified with down payment of less than $30k for Buyer who can qualify. Seller also open to Seller Financing. Contact Agent for more info.

Detailed Information

Inventory:
Included in asking price
Employees:
5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
2000 in strip center; ample parking; $2,140 per month (terms and options negotiable for new Owner); ~$10,700 in leasehold improvements
Competition:
Smoking permitted in bar (food sales must remain 10% or less to continue smoking allowed)
Growth & Expansion:
Could convert portion of building to package store
Financing:
20% ($19,780) for 2 years at 6.5%
Support & Training:
14 days, no cost
Reason for Selling:
Discuss with Seller

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Terri Sherman

Business Listed By:
Terri Sherman

Florida Business Exchange, Inc.

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Sponsoring Broker:
A. Bert Risdon, B.C.I.

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