Retail - Bars/Taverns | Retail - Restaurants

Asking Price	$395,000	Inventory	$7,000*
Gross Income	$602,991	Real Estate
Cash Flow	$167,976	Year Established	N/A
FF&E	$150,000*	Employees	N/A

* included in the asking price

** not included in the asking price

This large bar has a very successful multi-year track record. The revenue and profits have been growing each year. And even in 2009, the numbers are holding up which validates the bar s concept and loyal customer base. There is limited food service which could be expanded to further increase profits. An owner-operator of this business could reasonably expect to make a net cash flow of over $160,000 per year with current volume. And this doesn t take into account any growth plans. You could take out $60,000 to live on and pay for the business in 5 years. An SBA lender has said they would be willing to finance this opportunity for the right person with experience and a 20% down payment. For additional details on acquiring this opportunity, please call or email William Bruce at (251) 990-5910 or WilliamBruce@bellsouth.net. The standard confidentiality agreement and personal financial statement are required before disclosure.

Facilities: The lease is extremely attractive and contains options for up to 15 years.

Financing: An SBA lender has approved acquisition financing pending buyer's qualifications.

Support/Training: The seller is committed to a seamless transition and will fully train a new owner in all aspects of the business.