Top Sports Bar-Absentee Owner!

Mclean, VA (Fairfax County)

Seller Financing Available
Top Sports Bar-Absentee Owner!
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Asking Price: Get Financing: $325,000

Cash Flow: $180,000

Gross Revenue: $1,600,000

EBITDA: N/A

FF&E: N/A

Inventory: $30,000*

Lease Rate: N/A /SF

Established: 2006

*not included in asking price.

Top Sports Bar-Absentee Owner!

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Business Description

A well-established bar, wings, burgers, live music & karaoke establishment in a great location! It’s well known for their mouthwatering menu, great customer service & fantastic surroundings. Separate smoking room attached. High-end location! Very profitable! Absentee Owner! Don’t miss it!

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
3,000
Lease Expiration:
N/A
Employees:
12
Facilities:
Well laid out bar area with smoking lounge and patio outside. Dining tables as well 160 seating capacity including patio outside. Rent: $15,400/mo in total rent. Current lease expires in 2022 + 5 year option to renew.
Competition:
A landmark location with no direct competition
Growth & Expansion:
Advertising
Financing:
$75k seller financing available over 12 months @ 6%
Support & Training:
2 weeks
Reason for Selling:
Other interests
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(from currently available funds)
 
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Omar Alhariri, CBI

Business Listed By:
Omar Alhariri

DC Business Broker, Inc.

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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. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers.

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