Bar
Location Iowa,United States
Asking Price Range $250K - $500K
Gross Revenues $569631
Net Profit / Cash Flow $105723
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1999
Number of Employees 20 - 34
Inventory 70877
Relocatable No
Number of Employees 20 - 34
Real Estate Leased
Training The seller is very experienced in this business and will assist in a smooth transition.
Reason for Sale Other interests.
Description Bar: This bar for sale is a ten year old, well known, campus town tradition. The location is exceptional. It is not unusual to see 100+ customers waiting in line to enter the business on Wednesday through Saturday evenings. Recently, from a Seller meeting, the city increased the occupancy from the original 139 patrons to 170. This increase is already being seen increased revenues. From years of success at this location, as well as six (6) other similar locations in four (4) states, the Seller is very knowledgeable and will assist in a smooth transition. Current owner nets over $105,000.
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