Location: United States -> West Virginia
Industry: Bars and Nightclubs > Bars and Pubs

Businesses for sale Summary

Bar located on a main highway for sale. Needs new motivated management. Needs slots machines. The down stairs is a huge catering hall. Great bar business with pool tables. Has a good food business. Lots of catering done. Gets many walk-in clients. There are vending machines inside too. Has a full menu with steak and sea food. Adding a sports bar would bring in more revenue. 2 acres of land included in asking price. $1,000 rent recieved from a rented storage unit. Has liscense for exotic dancing which brought in $60,000 a month. Dancing has been closed for four years. Property has been appraised at $1,500,000. Owner is willing to finance with 40% down. When dance club was open revenue was $720,000. Contact for more information on this bar for sale.

Financials

Asking Price Range:  $1.0M – $2.5M
Gross Revenues:   $240,000
Cash Flow:   $160,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  2000
Number of Employees:  1 – 3
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased
Property:  Property For Sale

About The Sale

Reason For Selling:  Owns 2 other businesses.