Profitable Bar / Restaurant (South Lincoln)

Lincoln, NE (Lancaster County) (Relocatable)

Seller Financing Available
Profitable Bar / Restaurant (South Lincoln)
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Asking Price: $750,000

Cash Flow: $205,000

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: $20,000

Rent: $13.50 /Month

Established: 2009

Profitable Bar / Restaurant (South Lincoln)

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Business Description

Business for sale (Blue Sky only) - Very profitable, family fun restaurant / bar that is well established and located in South Lincoln. It’s proximity to local businesses and many neighborhoods draws a strong lunch crowd who enjoy the “Mom and Pop” food specials on the menu and is a hot spot to watch sporting events. Beer drinkers are treated to 19 drafts on tap, and 50 kegs are always kept ready in the 40x10 walk-in cooler. There is seating for 150 spread between bar stools, booths and tables, throughout the 5,000 sq ft building and it feels even more spacious with the high, open ceilings. Has been open for nearly 12 years with sales consistently over $900,000 and has been generating cash flow of over $200,000 annually for 4+ years. It is open 7 days a week, patrons have an extensive food and spirits menu to choose from, and there is additional outdoor patio area that is 40x20. Well staffed with over 20 FT / PT employees. Sale includes training and support afterwards for a negotiable period of time, as well as the ability to negotiate all inventory. Recent business evaluation / appraisal came in at $1,100,000 (we can provide).

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
5,014
Lease Expiration:
12/1/2027
Employees:
24
Facilities:
100% Turnkey - All furniture (inside / out), kitchen equipment / dishware, storage / shelving, POS system, KENO (They own their Keno TVs, and Keno writing system - Big Red Keno). Seller has no personal attachment to any items.
Financing:
Partial Carry-back Negotiable
Support & Training:
Provided - Length of time is Negotiable
Franchise:
This business is an established franchise
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Ben Bleicher

Business Listed By:

Professional Realty Group of Woods Bros

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