Restaurant For Sale

Northern Suburbs Bar And Grill. SBA Financing Available for Sale $300000

Business Location: MN

Business Description

This Popular Neighborhood Bar And Grill Has Been In Business For Over 25 Years. The Building And The Restaurant Have Been Very Well Maintained And Continually Updated. the Asking Price Of $300,000 Is For The Business. The Real Estate Is Valued At $800,000. Total Purchase Price Is $1,100,000. The Cash Flow Of $132,785 Assumes Buyer Is Paying A Fmv Rent. The Actual Cash Flow Available To Pay The Owner A Salary And Pay Down The Debt Is $212,785. Monthly Debt Service Is $6,077. the Current Owners Are Looking To Retire And Relocate. please Contact Sunbelt Business Broker, Peggy Demuse At 651-288-1627 For Additional Information.

Business Type: Independent

Business Started: 1973

# of Employees: 13-PT

Gross: $1007118

Net: $132785

Includes own property

Financing:
SBA Financing Available.


Interested?

 

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