Billiards Parlor with
Financing in North Alabama
North Alabama, Alabama
Financials
Asking: $395,000
Included in the Asking Price:
Furniture, Fixtures & Equipment: $150,000
Inventory: $7000
Gross: $544,986
Cash Flow: $132,529
Summary Description
This large and upscale billiards parlor has been in business for over 5 years.
The revenue and profits have been growing. And even in 2009, in the worst
economy in our lifetime, the numbers were within 6% of the previous year, which
validates the bar’s concept and loyal customer base.
There is limited food service which could be expanded to further
increase profits. An owner-operator of this business could reasonably expect to
make a net cash flow of over $130,000 per year with current volume. And this
doesn t take into account any growth plans. You could take out $60,000 to live
on and pay for the business in 6 years.
An SBA lender has said they would be willing to finance this
opportunity for the right person with experience and a 25% down payment.
General Information
Year Established: 2004
Employees: 2 ft / 8 pt
Facilities: The business operates from a highly visible location on one
of the main traffic arteries in the metro. The lease is extremely attractive
and contains options for up to 15 years.
About the Sale
Financing: SBA financing is available to a qualified buyer with 25% down
payment.
Support/Training: The seller is committed to a seamless transition and
will fully train a new owner in all aspects of the business.
Contact Information
William Bruce, ABI
Sunbelt Business Brokers
Phone: 251.990.5910
Write: