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Established Franchises - Business for Sale Details

 

RESTAURANT, BAR AND SLOTS!! WITH REAL PROPERTY!

Seller: Attn: Mike Saedlo
Location: Berkeley County, WV, USA
Listing Number: 10227449


Asking Price: $1,300,000 USD USA Dollars
Industry: Food & Beverage: Bars, Clubs, Nightspots
Reason for Selling: Re-organization and restructuring of debt.
Year Established: 1982
Number of Employees: 10
Yearly Cash Flow: $108,500
Total Debt: $1,300,000

Overview of the Business:

Here is an opportunity to own your own restaurant and the real estate. $84,500 of slots and rental income (see analysis). Lots of ways to build sales whether it is lunch, dinner, conferences, developing the lounge business, etc. Property is being sold through the Sperry Van Ness commercial real estate company.


Property Features and Assets:

Located in a beautiful golf course. The lower level of the building would be leased back to the golf course as a pro shop golf course offices, etc. The rent value from the lease would be $24,000 a year. It's a beautiful place to meet after a golf game or just to meet friends and have a casual lunch or dinner, drinks. All glass front looking out onto the golf course.


Market Competition and Expansion:

Excellent opportunity and certainly no competition in the surrounding area.


Additional Details:


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