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Jonesboro Restaurant & Bar, Includes Prime Real Estate Of $885,000 For Sale

Jonesboro, Arkansas, US
Asking Price:
$920,000 Furniture / Fixtures included
Sales Revenue:
$845,388
Cash Flow:
Available on request

A favorite and desirable destination for over 10 years, this restaurant and bar can be yours because the owner is ready to retire. It's currently fully staffed so you could operate it turn key, or transition to your dream restaurant and bar with all the equipment and furnishings needed. The owner is ready to move on, so the price is at the appraised real estate value and a minimal amount for furniture, fixtures, and equipment. You could not open a comparable restaurant for anywhere near this price.

Appraisal from 2014 was for $885,000. FF&E conservatively placed by the owner at $35,000. Private club arrangement for alcohol sales is included.

A qualified buyer may obtain detailed information by calling Roy Stephens at ------------ or emailing [email protected].
Real Estate Available: Yes
Real Estate Included: Yes
Real Estate Value: $885,000.00

Detailed Information:
Lender Prequalified: No
SBA Prequalified: No

Property Information

Real Estate:

Real Property Included

Size in square feet:
4,796

Business Operation

Reasons for selling:

Retirement

Employees:
Full Time: 8, Part Time: 2
Years established:
14

Other Information

Support & training:

Seller will negotiate a transition period

Financing available:

Downpayment Required: ON REQUEST
Financing is available

Furniture / Fixtures value:
$35,000 - included in the asking price