| Asking Price |
$1,000,000 | Inventory |
|
|---|---|---|---|
| Gross Income |
$1,944,000 | Real Estate |
|
| Cash Flow |
$262,284 | Year Established | 1999 |
| FF&E |
$250,000* | Employees | 31 |
* included in the asking price
** not included in the asking price
This is a food and entertainment opportunity, offering two locations. One Bar and Grill and one Bar only. Both with gaming. There is 30 total gaming machines on a 65/35 split with route opperator. Restaurant seats 99 and bar saets 45. Restaurant serves all three meals.The bar is served food through the restaurant. Each facilitiy is approx 3,000 sq.ft.
Facilities: Two locations side by side approx 3,000 sq.ft each. All Furniture, Fixtures, and equipment included. Leased premise, expires in 11 years with option to renew.Located in busy shopping center with plenty of parking.
Competition: Other eating facilities are in the shopping center, however language in the lease provides that leasee has exclusive gaming rights in the center.
Growth/Expansion: Seller feels that there is a grater opportunity to do more catering.
Financing: all cash
Support/Training: Seller will train and familiarize buyer for 2 weeks included in the selling price.
Reason Selling: Seller to retire

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