Bar And Grille For Sale

Business description

This Eastern Iowa modern Bar and Grille was built-out in late 2009. It has a sports bar atmosphere and has the look and feel of what you expect in a national franchise location. The Greater Quad City Area business has earned a great reputation for its good food (about 70% of revenue) and its impressive bar provides a great atmosphere for socializing. They are known for their great food and service and the business is located in a convenient location on the corner of a busy intersection about 10 miles from a metro area in a nearby bedroom community. The seller also owns another unrelated business and is not able to spend much time at this business. Family commitments are changing and the seller would like to divest of this fine restaurant-bar. This could be a great opportunity for someone to step into a modern, well equipped, established business as a turn-key operation. Business income is running about breakeven. The seller believes an on-site owner could control costs and manage the labor much better as well as handling the cash receipts to avoid possible shortage situations. Also an on-site owner could replace existing management on the payroll. A confidentiality agreement will be required before detailed information can be shared with prospects. Call ---.---.---- for more information.

Property information

Real Estate:

Real Property Included

Premises details:

4000 sq ft sq ft, $3300.00

Business Operation

Reasons for selling:

Other business interests

Trading hours:

Days: MON-SUN, Hours: 11AM-10PM 10AM-12PM

Employees:

Full Time: 10, Part Time: 25

Years established:

3

Other information

Financing available:

Downpayment Required: NEGOTIABLE

Furniture / Fixtures value:

$225,000 (included in the asking price)

Inventory / Stock value:

$15,000 (included in the asking price)