Profitable Bar & Grill
Location Ohio,United States
Asking Price Range < $250K
Gross Revenues $439475
Net Profit / Cash Flow $76959
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1952
Number of Employees 10 - 19
Relocatable Not Disclosed
Number of Employees 10 - 19
Real Estate Leased
Training Negotiable
Reason for Sale Retiring
Description Bar & Grill Cleveland West Suburb. Profitable. Asking price is $170,000. Net Income $76,959. Call 440-885-0139. Liquor & Beer. D-5, D-6 Liquor License.
The Landlord has to approve the new tenant. The Tenant must have a good credit score. She will give a Lease Assignment after approval. The Current rent is $3,850.00 per month. The lease ends on November 30 2017. The sq. ft. is 3,200. The occupancy is 192. They have a small patio.
It is important to point out that as well as this business is doing, they are doing it without honoring credit cards. Historically every business that has incorporated the use of credit cards has increased the gross sales by a minimum of 20%. It is accepted practice to have a sign telling patrons that they must have a minimum bill of $15.00 to allow the use of a credit card.
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