Seller Financing Available

Asking Price:

$125,000

Gross Income:

$251,691

Cash Flow:

N/A

EBITDA:

$37,636

FF&E:

N/A

Inventory:

$4,000 plus **

Real Estate:

no **

Year Established:

1988

Employees:

6

Business Type:

Restaurants

** not included in the asking price

Business Description

An urban " Sports Bar " with full lioquor license, lottery and Video poker machines. 1,800 sq.ft. with a rent of $ 2,600 mo. Ample off street parking for this high traffic location with very good signage. Hours 10:00 am - 2:00 am 7 days. ( opening earlier would increase the video poker revenue ) Sale includes all equipment fixtures and furnishings. Business has been operating for 12 years under the same ownership. Owners have another facility and can no longer operate 2 businesses

Detailed Information

Facilities:

Urban sports bar with high traffic good signage and good off street parking

Competition:

Competition exists in the general area but not immediate

Growth/Expansion:

Good growth room as current owners are absintee operators

Financing:

seller will acrry with $ 50,000 down

Support/Training:

Seller will train for a reasonable period of time

Reason Selling:

Health