Business Summary:
The owner works less than 10 hours a week in this business, which is primarily run by a very small staff. It is open only in the evenings and closed Sundays. The Sq footage size is very small, the labor costs are very low, the rent is low, and there is a huge profit margin on the beer, wine and hookah. Excellent goodwill and regular customers accompanied by new customers because of foot traffic. The business price about one times the cash flow, which is well below sold-for comparables making this a great opportunity for investment, a second business, or first time business while you keep your day job, but only if you can act immediately and settle in the next 30 days. He is selling because of circumstances beyond his control. The seller is motivated, as is reflected in asking price vs. net profit, but not desperate - serious inquiries only please. Call for more information and to schedule an immediate walk-though.
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