Business Listing
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Listing No:
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9220041
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Category:
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Restaurants: Brew/Pub
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Description:
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Profitable All New Bar & Grill
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Business Details
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Revenues:
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$1,336,177
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Adjusted Cash Flow:
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$230,085
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Selling Price:
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$450,000
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Down Payment:
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$450,000
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General Location:
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Fort Myers, Florida
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Executive Summary
This thriving, very profitable and newBar & Grill near Fort Myers, Floridagenerated $210,000 of Owner Benefit during its first year of operations. Total cost oftop-of-the-line equipment and allimprovements is $600,000.This landmark restaurant offers a loyal clientele, little competition, an outstanding ambiance and healthy mix of families and married/single customers.Features include 25 flat screen televisions, 30 speaker sound system and 13 booth TVs. Owner Benefit calculation assumes 1 new owner /buyer and reduces officer salary from $120,000 to $60,000 to account for 1 new managerial employee. SRX full liquor license. Buyer may assume $100,000 equipment loan with lender's approval and reduce net price to $350,000.
