Look at this family owned Money Making Bar and Restaurant close to the beach. It has a full kitchen, live music and open 7 days a week. The business has 4 managers and staff of 47. The sale includes a beautiful real estate with huge tiki bar patio. 4COP license included. Seller financing available.
- Asking Price:
- $2,500,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $3,850,000
- Cash Flow:
- $404,000
Property Information
- Real Estate:
-
Real Property Included
Business Operation
- Management type:
- This business is owner operated.
- Reasons for selling:
-
Retirement
- Trading hours:
-
Sun-Fri 11am-10pm, Fri-Sat 11am-11pm
- Employees:
- 47
- Years established:
- 1998
Other Information
- Support & training:
-
Weeks: 2 Cost: $0
- Financing available:
-
Owner Financing Amount $1,250,000.00
Owner Financing Interest 10%
Owner Financing Terms Months 120
Owner Financing Monthly Payment $16,518.84
- Furniture / Fixtures value:
- $300,000 - included in the asking price
- Inventory / Stock value:
- $40,000 - included in the asking price
