Business Type: 
bars
Business Type: 
leisure
Location: 
Nebraska
Price: 
$180,000
Sales Revenue: 
$235,508
Cash Flow: 
$63,424
Realestate Included: 
No
Inventory: 
$2,400
Employees: 
4
Internal Listing:: 
RES050
Reason for Sale: 
Growing family

Great cash flow in an inviting neighborhood favorite between Lincoln and Omaha. This growing community still has a small-town feel; there are 2,000 residents in the immediate area and over 25,000 in the county. This Best in Town bar recently underwent a complete remodel costing $229,051 including all new electrical, plumbing, flooring, drywall, two HVAC units and fixtures.

The layout of the bar includes a large outdoor patio as well as space to expand on the second floor. This is the perfect mix of old and new: the bar originally opened in the 1930s. Included in the purchase price is all existing equipment (worth $63,365): two three-door coolers, two drink well stations, twelve-tap draught beer system, three bin sink, walk in cooler and much more. The current owner does bookkeeping, inventory and event planning but does not bartend. Up to 90 days of seller training and support is available if needed.

It hosts events that include Bunco nights, dart, shuffle board and pool leagues. Social media marketing includes over 1,100 Facebook followers.

Capacity: Seating for 120, large outdoor patio
Demographics: Community of 2,000; over 25,000 in the county
Car Count: 5,100 cars drive by each day
Reason for Selling: Growing family
Employees: 2 FT & 2 PT
Hours: Mon-Fri 2pm-2am, Sat and Sun 12pm-2am
Non-Paid Seller Training Period: 90 days if needed
Current Owner’s Responsibilities: Bookkeeping, inventory and event planning. Owner does not bartend.

Purchase Price: $180,000
30% Buyer Down Payment: $54,000
20% Seller Financing: $36,000
50% Bank Loan: $90,000

Profit Margin: 26%
Valuation:
Cash Flow x Multiple = Fair Market Value
$63,424 x 2.9 = $183,929

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