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Asking Price
$550,000

Annual Cash Flow $140,000

Annual Revenue $460,000


EBITDTA:

FF&E: $25,000

Lease Rate: $4,450

Ref ID:

Real Estate: $0

Established: 2005

Business Description

A nice popular bar with a great laid back atmosphere and a great mix of people, both local and collegiate repeat customers. Located on a busy Road and is close to a major college in Mobile County, AL. Be sure to check out the games, Weekly Specials, and the Happy Hour! This all takes place in the large 4,200 SF facility with an extra long bar and diverse seating throughout. The interior layout encourages a mix and mingle feel and could be utilized as a meeting space in the two main areas. Equipped with many TVs for all of the big sporting events. Gaming plays a very important part in entertainment with several pool tables several console video machines and a digital jukebox. All gaming proceeds are on a 50/50 split with the supplier. The income from the games, pool table, and jukebox is a good addition to the regular operational income and profits. No food is served but is allowed into the bar. The owner does not work the bar and has good employees for bartending and security. A new owner/operator could realize more income with streamlining and efficiency. Happy Hour and tasty beer with drink specials keep the bar humming 7 days a week. This turn Key business is priced to sell fast.

Annual Revenue $460,000 Cash Flow $140,000

FF&E $ 25,000 Inventory $ 12,500 Monthly Rent $ 4,450

Purchase Price $550,000.00 (includes Inventory)

Call for more information, NDA required.

Detailed Information

State:AL

Listing Agent:David Chew

Real Estate:

Building SF: 4000

Employees: 6

Furniture, Fixtures, & Equipment (FF&E): Included in asking price

City:Mobile

Phone:251-278-8171

Support & Training: 30 days support and training

Reason for Selling: Focus on other businesses owned