Bar/Restaurant in Frisco area – Absentee Operated! 2296

Collin County, TX

Bar/Restaurant in Frisco area – Absentee Operated! 2296

Asking Price:$350,000

Cash Flow:$72,000

Gross Revenue:$1,250,520

EBITDA:N/A

FF&E:$100,000

Inventory:$8,500

Lease Rate:$1.76 /SF/Month

Established:2014

Bar/Restaurant in Frisco area – Absentee Operated! 2296

Get Financing Save Print Share Valuation Report

Business Description

Established $1M+ annual revenues, management staff in place, Frisco area, upside growth for an operator, and owner financing available! What else could you ask for! This business has consistent neighborhood customers in a growing and high demand submarket. 4,500+ square feet with a large kitchen, ample dining space and bar, covered & uncovered patio, and a family friendly entertainment area. A newly built bar/restaurant in this location would cost more to start from scratch with the added uncertainty of not knowing if the revenues will follow. Take what the owners have established and build upon it! Seller will facilitate training and help with Buyer transition. Call ANA Brokers to schedule a tour!

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
6,400
Lease Expiration:
N/A
Employees:
30 + owners
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
5,000 SF + 1,400 SF covered and uncovered patio. Seating capacity is 246.
Competition:
No competition nearby.
Reason for Selling:
Other focuses

Listing Statistics for Premium Members

Ad#:1361249 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.

Contact the Seller

(from currently available funds)
 
Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

ANA Brokers

Business Listed By:
Sales@ANABrokers.com

ANA Brokers

Show Phone Number

View My Listings

Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. The TABB Certified Business Broker certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the TABB.

Find out more...

Get more details about this business.


Similar Listings