Bar
Location:
United States
->
West Virginia
Industry: Bars and Nightclubs > Bars and Pubs
Business Summary
Bar located on a main highway for sale. Needs new motivated management. Needs slots machines. The down stairs is a huge catering hall. Great bar business with pool tables. Has a good food business. Lots of catering done. Gets many walk-in clients. There are vending machines inside too. Has a full menu with steak and sea food. Adding a sports bar would bring in more revenue. 2 acres of land included in asking price. $1,000 rent recieved from a rented storage unit. Has liscense for exotic dancing which brought in $60,000 a month. Dancing has been closed for four years. Property has been appraised at $1,500,000. Owner is willing to finance with 40% down. When dance club was open revenue was $720,000. Contact for more information on this bar for sale.
Financials
Asking Price Range: $1.0M - $2.5M
Gross Revenues:
$240,000
Cash Flow:
$160,000
Cash Flow Type: Sellers Discretionary Cash
Seller Financing: Not Disclosed
About The Business
Year Established: 2000
Number of Employees: 1 - 3
Relocatable: Not Disclosed
Franchise: Not Disclosed
Current Real Estate: Leased
Property: Property For Sale
About The Sale
Reason For Selling: Owns 2 other businesses.
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: 70079406
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