NEW PRICE -EXTREMELY PROFITABLE BAR-located in large entertainment area with profits over 1.7 million in 2023
Bar and Restaurant in a Large Entertainment Area
On NextCompany since September 12, 2026 (33 days)
Location undisclosed55 FT employees
Business overview
This bar and restaurant serves an entertainment area that draws thousands of visitors weekly. The premises span over 20,000 sq ft, with multiple bars, kitchens, dining rooms, and a covered patio. The business employs 55 people.
The seller asks $7,000,000 for the business. Gross revenue totals $5,000,000, with SDE of $1,800,000. The purchase includes $250,000 in FF&E but excludes $75,000 in inventory. The owner plans to retire from the business. The seller offers support and training.
Who is a good fit for this business
- Hospitality operators seeking a bar and restaurant with multiple service areas and a covered patio.
- Buyers who want seller support and training during an ownership transition.
Details
- Reason for selling
- Retiring from the business.
- Real estate
- Owned, included in sale
Frequently Asked Questions
The business reports $5,000,000 in gross revenue and $1,800,000 in SDE. The seller seeks an asking price of $7,000,000.
The operation occupies over 20,000 sq ft in an entertainment area drawing thousands weekly. The space accommodates multiple bars, kitchens, dining rooms, and a covered patio.
The purchase includes FF&E worth $250,000. It excludes inventory valued at $75,000.
The owner plans to retire from the business. The seller offers support and training for the transition.