Old Style Western Bar & Grill For Sale

Location: United States -> Arizona -> Payson
Industry: Bars and Nightclubs > Bars and Pubs

Businesses for sale Summary

Old Style ”Western” Bar & Grill for sale Payson, AZ $800,000 (including real estate). This bar was originally established in 1916 & it’s located about 2 hours North of Phoenix in what’s referred to as ”The Rim County.” The bar is on the one and only road to several pristine lakes, where’s there’s plenty of fishing, hiking and camping. The area is also a very popular route for bikers heading out of Phoenix and making their way north. It’s the only bar in the area offering food, live entertainment with an outdoor bar & stage. Included with the bar & grill is a store with fuel & fishing supplies, a trailer park with 50 spaces & a large storage area for boats and travel trailers. A new golf course & trailer park is opening soon within walking distance. There are 3 buildings included with the real estate totaling 2000 square feet. The main building was rebuilt in 2000; outside grill & kitchen was remodeled in 2007. The real estate is valued at $500,000 & is included in the asking price. $40,000 worth of Furniture, Fixtures & Equipment & $50,000 in inventory are also included with the sale. The owner will also consider leasing the property if the business is sold only. Please contact for us for more details.

Financials

Asking Price Range:  $5.0M – $10.0M
Gross Revenues:   $365,000
Cash Flow:   $80,000
Cash Flow Type:  EBITDA
Inventory:  $90,000
Seller Financing:  Yes

About The Business

Year Established:  2005
Number of Employees:  4 – 5
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Support & training offered.
Reason For Selling:  Owner is retiring & relocating out of state.