Business Summary:
This bar and grill has been a popular watering hole for the locals, hotel guest and the truckers from the nearby fueling center for many years. This business has grown steadily over the years and with a large new office development and several new residential communities under construction the sales and most importantly cash flow will continue to grow. The current owner has a severe medical condition which is forcing a quick sale of this very lucrative business. The bar has a reputation for the 'BEST WINGS IN TOWN' as the recipe for the many sauces has been developed by the owner and goes with the sale. The bar has several pool tables that afford additional cash each week. The KARAOKE at this watering hole has added substantial sales and is gaining popularity. The facility has a great lease with very attractive rent rates. All of the elements are present to generate a strong cashh flow for a new operator and especially a 'hands on operator'.
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| Year
Business was Established: 1994 |
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| Number of Employees:
6 |
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| Facilities / Terms of Lease:
This bar & grill has 2600 square feet of operating capacity with a large bar and a very efficient kitchen. The bar has pool tables and karaoke for entertainment and the center has lots of parking capacity. |
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| Potential
Growth/Expansion:
The market is expanding with new offices and residential construction nearby which will generate even more cash flow. |
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| Competition:
There are no comparable bars near this business. |
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| Owner
willing to finance:
Seller will finance up to $150,000 for a qualified buyer at 8% interest for thre |
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| Owner
willing to train:
Seller will train for a reasonable period of time. |
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| Reason for selling:
Seller has a very severe medical condition which is requiring a fast sale of thi |
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Seller Reference Number: NHBCAR0048
BusinessMart.com Listing Number: 59006 |
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