We've done it again! Restaurant with a bar and it includes the real estate!
THE STORY: If you've been looking for an absentee operated bar and restaurant that's easy to run with a simple no nonsense American menu with steaks, prime rib, fries, hamburgers, onion rings and whatnot, then you've got to look at this business. The owner has other interests and originally purchased this store as something he's always wanted to do...the dream is over though and he's awaken to the fact his plate is full with his other business interests and he's selling this bar and restaurant as a thief's price!
THE NUMBERS: The annual revenue in the tough year of 2010 were about $480,000 according to the seller. The buyer must verify this information and the broker makes no representations as to the accuracy of this data. The owner claims the sales are 50%/50% food to liquor sales. Do the numbers on this revenue and you'll find there is a nice profit. And if you manage the bar and restaurant yourself, the profit obviously gets better.
THE OPERATION: There are 7 part-time employees working the business. No owners work the business.
The interior square foot is 2,576 with an outside patio of about 2,000 as well. The patio of all concrete finish with a corral style serving area and plenty of space for large parties.
The total lot Square Footage is 4,656.
There is opportunity to expand the hours of operation and gain more business, particularly on the bar business as well as expand the food offering.
LOCATION: Historic area of a small town.
If you're interested to learn more about this opportunity, then I need to qualify you first. Select the orange button below to get started.
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