Bar
Location:
United States
->
Iowa
->
Ames
Industry: Bars and Nightclubs > Bars and Pubs
Business Summary
Bar: This bar for sale is a ten year old, well known, campus town tradition. The location is exceptional. It is not unusual to see 100+ customers waiting in line to enter the business on Wednesday through Saturday evenings. Recently, from a Seller meeting, the city increased the occupancy from the original 139 patrons to 170. This increase is already being seen increased revenues. From years of success at this location, as well as six (6) other similar locations in four (4) states, the Seller is very knowledgeable and will assist in a smooth transition. Current owner nets over $105,000.
Financials
Asking Price Range: $250K - $500K
Gross Revenues:
$569,631
Cash Flow:
$105,723
Cash Flow Type: EBITDA
Inventory: $70,877
Seller Financing: Yes
About The Business
Year Established: 1999
Number of Employees: 20 - 34
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: The seller is very experienced in this business and will assist in a smooth transition.
Reason For Selling: Other interests.
Click on the "I'm Interested" button above for more information on this Bars and Nightclubs > Bars and Pubs business for sale.
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Print Listing Id: 700104592
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