Buy a Restaurant/Bar in West Texas in Texas, United States business opportunity for USD $1,584,646.00. Buy a business

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Restaurant/Bar in West Texas Business For Sale
USD $1,584,646.00
Listing ID: 3651 | Our Ref: 901270 | Agent: 413
Business & Financial Summary
Description:
#1 live music venue in the city - and anything between Lubbock and El Paso. #1 Purchaser & Server of alcohol & beer in the region. Millions of dollars in business deals are brokered here. It's where everybody takes everybody when they come to town. This restaurant fills to capacity most every day at lunch. The Saturday Brunch has turned into the busiest daytime service. It has been proclaimed the #1 breakfast in town. The only place in town where you can get a great lunch, dinner, live music on Friday and Saturday and Karaoke on Saturday night. The patio and porch area can be rented out for wedding receptions, reunions, birthday/anniversary celebrations, etc. - which the restaurant also caters. 
Asking Price:
USD $1,584,646.00 
Our Ref:
901270
Terms of Sale:
Unspecified 
Revenue (Income):
USD $2,676,075.00 
Net Profit (Cash Flow):
USD $442,229.00  
Time Established:
1979 
No. of Employees:
25 ft - 10 pt 
Competition/Market:
Ranked #1 in local and surrounding areas. The only live music venue in region. 
Reason for Sale:
Owner is moving closer to family 
Support & Training:
90 day training period after purchase. 
Owner Financing:
Yes 
Finance Available:
Negotiable 
Business Assets
Value of Fixtures/Fittings:
USD $795,400.00 
Value of Stock/Inventory:
USD $9,000.00 
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