Popular Brewery w/ Full-Service Kitchen
Price: $150,000
Location: Jacksonville
Industry: Alcoholic Beverage (Bars, Brew Pubs, Lounges, Nightclubs)
Listing ID: 75600166
Listing Status: Under Contract
Don't miss this opportunity to acquire a popular brewery for MUCH less than the value of the assets! VERY generous seller-financing is being offered, at sellers' sole discretion, with 50% down, and the sellers are open to the first payment not being due until 90 days after closing! There are 50 tap handles, a full-service kitchen, and 4.4 stars on Google! 145 total seats between the inside seating and the outdoor patio. The financials reflect an adjustment for the current GM's salary of $65k (GM is not an owner). Distribution began August 2024 for brewery's beers to be distributed to local bars and restaurants, which should be a great additional revenue stream. Sellers request that Buyer pays all closing costs. More info is available with the completed NDA and PFS.
Down Payment: $75,000
Cash Flow: $103,367
FFE: $350,000
FFE Included: Yes
Inventory: $53,000
Inventory Included: Yes
Year Established: 2017
Days & Hours of Operation: Mon 4-8:30 PM/Tues-Thurs 3-10 PM/Fri 3-11 PM/Sat 12-11 PM
Owner Hours Per Week: 0
Managers: 1
Monthly Rent: $12,151
Square Footage: 3118
Reason For Sale: Discuss with Seller
Training & Support: 2 weeks, no cost
Financing/Terms: Seller-financing is being offered, at Sellers' sole discretion, with 50% down ($75,000 for 60 mos at a 7% interest rate).