Business Overview

You definitely want to take a look at this opportunity….well established restaurant/bar/grill for sale on bike path.

$1.3M in sales and cash flow positive.


  • Asking Price: $310,000
  • Cash Flow: $178,100
  • Gross Revenue: $1,338,000
  • EBITDA: $261,900
  • FF&E: $100,000
  • Inventory: $3,500
  • Inventory Included: Yes
  • Established: 2013

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:3,200
  • Lot Size:N/A
  • Total Number of Employees:30
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Two separate buildings...1900 sq. ft and 1300 sq. ft.

Is Support & Training Included:


Purpose For Selling:

Other business interest

Pros and Cons:

Great location...on bike trail

Additional Info

The business was started in 2013, making the business 9 years old.
The transaction shall include inventory valued at $3,500, which is included in the suggested price.

The company has 30 employees and is located in a building with disclosed square footage of 3,200 sq ft.
The real estate is leased by the company for $5,625 per Month

Why is the Current Owner Selling The Business?

There are all sorts of reasons why people choose to sell businesses. Nevertheless, the real reason vs the one they say to you may be 2 absolutely different things. For instance, they might claim "I have a lot of other responsibilities" or "I am retiring". For many sellers, these factors are valid. However, for some, these may simply be reasons to try to conceal the reality of transforming demographics, increased competitors, current decrease in revenues, or a range of other reasons. This is why it is very important that you not depend entirely on a seller's word, yet instead, make use of the vendor's answer along with your total due diligence. This will paint a more practical image of the business's present circumstance.

Existing Debts and Future Obligations

If the current entity is in debt, which numerous companies are, then you will certainly need to consider this when valuating/preparing your deal. Numerous companies borrow money in order to cover points like stock, payroll, accounts payable, so on and so forth. Keep in mind that sometimes this can imply that earnings margins are too tight. Lots of businesses come under a revolving door of taking on debt as a way to pay back various other loans. In addition to debts, there may also be future commitments to take into consideration. There may be an outstanding lease on tools or the structure where the business resides. The business might have existing contracts with suppliers that must be satisfied or may lead to charges if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Just how do operating businesses in the area attract new consumers? Often times, businesses have repeat consumers, which form the core of their day-to-day revenues. Certain elements such as new competition growing up around the area, roadway building, as well as staff turnover can affect repeat consumers and adversely impact future revenues. One vital point to take into consideration is the placement of the business. Is it in a highly trafficked shopping mall, or is it hidden from the highway? Undoubtedly, the more people that see the business on a regular basis, the better the chance to develop a returning consumer base. A last thought is the general area demographics. Is the business situated in a largely inhabited city, or is it located on the outskirts of town? Exactly how might the regional average house earnings effect future income prospects?