Pub

Price: $1,000,000

Location: Grand Rapids, MI

Industry: Bar

Listing ID: gr2311

Status: Inactive

Listing Description

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Listing Details

Down Payment: $1,240,000

Total Sales: $1,230,000

Cash Flow: $2,424,000

EBIT: $232,000

EBITDA: $234,200

Accounts Receivable: $10,099 (Included in Price)

FFE: $53,300 (Included in Price)

Inventory: $645,000 (Included in Price)

Real Estate: $250,000 (Included in Price)

Lender Pre-Qualified?: Yes

Franchise?: Yes

Franchise Information:

Pub Franchise

Terms and Conditions?:

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Reason For Sale:

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Training & Support:

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Operation

Year Established: 1990

Year of Last Acquisition: 1998

Days & Hours of Operation: M-F 9-5PM

Owner Hours Per Week: 40

Non-Owner Payroll: $45,000

Employees: 5

Managers: 1

Absentee Owner?: Yes

Location

Security on Lease: $3000

Lease Option: Lorem ipsum dolor sit amet, consectetur adipiscing elit.

Monthly Rent: $5000

Type of Location: Stand Alone

Square Footage: 5000 sq. ft

Relocatable?: Yes

Facilities Information:

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Summary

Historical Summary:

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Owner Qualifications:

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Competition:

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Potential Growth:

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Financing/Terms:

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