Lakewood, CA
$275,000
Lakewood, CA
$275,000
REAL ESTATE INCLUDED
Hillsborough County, FL
$4,000,000
Jacksonville, FL
$115,000
REAL ESTATE INCLUDED
Theilman, MN
$450,000
REAL ESTATE INCLUDED
New Jersey
$2,900,000
Tallahassee, FL
$599,000
Atlanta, GA
$350,000
Atlanta, GA
$595,000
North Carolina
$2,200,000
Montgomery County, MD
$425,000
Montebello, CA
$250,000
Cleveland, OH
$60,000
Poughkeepsie, NY
$75,000
Morrisville, NC
$325,000
North Charleston, SC
$179,999
Spanish Fort, AL
$279,000
Randy Sokol
Sokol Realty License #20174004026
Serving Franklin County, OH
Randy Sokol - Restaurant Industry Advocate. Randy Sokol owns Sokol Realty and Sokol & Associates specializing in selling restaurants, bars, pizza shops, and all hospitality related businesses. Randy grew up working in his family’s chain restaurants, for over 40 years, eventually becoming the Owner and President. He has been buying and selling restaurants for over 15 years and during that time he has brokered over 150 hospitality business deals and over 50 liquor permit deals. In that time, he has been able to build up a wealth of knowledge and experience in what makes a good location and how to negotiate the best possible lease on behalf of his clients. He knows what is important on a lease to protect your business, because he’s been there. His goal is always to make sure that his clients are getting exactly what they need, whether buying or selling, from their space so they can focus on running their business. Randy is also a member of several civic organizations, and has served on numerous boards and committees in the Columbus area, including the Ohio Restaurant Association, Children's Hospital Development Board, National Federation of Independent Businesses (NFIB), and Food Truck Advisory Board for the city of Columbus. He has worked with City Council members to create laws that support businesses like yours. Being involved with these organizations, and city politics allow him to keep abreast of current trends in real estate, which helps him stay informed about changing needs for new businesses looking for locations in Columbus and beyond, as well as use his resources on his client’s behalf. If you're looking for someone who will be straight forward in their dealings with you, be responsive in a timely manner, and always have your best interests at heart, then call Randy Sokol today.
Milton, GA
$350,000
Bradenton Beach, FL
$450,000
Elgin, IL
$149,000
Bel Air, MD
$2,900,000
Charleston Afb, SC
$199,999
Murfreesboro, TN
$299,000
Poughquag, NY
$999,000
REAL ESTATE INCLUDED
Kent County, MI
$725,000
Jerome, AZ
$369,000
Toronto, ON
Not Disclosed
EBITDA: $144,000
Summerville, SC
$450,000
Savannah, GA
$1,699,000
Indianapolis, IN
$360,000
North Charleston, SC
$169,999
Fort Mill, SC
$370,000
Greenville, SC
$535,000
Saint George Island, FL
$979,000
Greenville, SC
$249,000
Easley, SC
$299,000
Tallahassee, FL
$599,000
Pierce County, WA
$159,000
Las Vegas, NV
$99,000
Green Bay, WI
$895,000
REAL ESTATE INCLUDED
Chalfont, PA
$2,000,000
Wausau, WI
$135,000
Clearwater, FL
$675,000
Tampa, FL
$1,700,000
San Francisco, CA
$99,000
Thomas Varga
Kreshmore Group
Serving Cook County, IL
Kreshmore Group (KG), started operations in 2009 through its predecessors and grown to become Chicago’s preeminent restructuring and M&A advisory company. The firm serves myriad niche industries while focusing on lower-middle & mid-market companies within the continental United States. KG assists clients in restructures/turnarounds, workouts, recapitalizations, mergers, acquisitions, preparing companies to sell, senior and subordinated debt structuring, c-suite advisory, outsourced analytics and modeling, and solving complex financial problems with unique solutions. Headquartered in Lemont, Illinois, KG is known within the Chicagoland area as a tenacious and hyper-focused strategic consulting firm. Kreshmore Group consists of a creative, cohesive and diverse team with over 175 years of combined relevant experience.
San Diego County, CA
$199,000
Wichita, KS
$95,000
Orange County, CA
$249,000
Auburn, AL
$140,000
Dutchess County, NY
$1,195,000
Atlanta, GA
$1,400,000
Bars, Pubs, and Taverns offer a unique business model that combines the service industry with alcoholic beverage sales. They provide a space for people to socialize, relax, and enjoy drinks either alone or in groups. Bars are often a core part of their community and can bring in significant revenue when managed efficiently.
Market Snapshot
The financial data presented here is an aggregation of listing averages and should not be used to value any specific business. This data is a valuable guide, but it's essential to conduct thorough research on the specific market and location before making any significant business decisions.
Number of Businesses Analyzed | 986 |
Median Asking Price | $462,500 |
Median Reported Revenue | $815,505 |
Median Reported Earnings | $165,000 |
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
Bar Business Valuation Multiples
Range | Revenue | Earnings (SDE) |
Lower Quartile | 0.37 | 2.14 |
Median | 0.57 | 2.74 |
Upper Quartile | 0.93 | 3.83 |
Revenue and earnings multiples based on reported revenue, seller's discretionary earnings, and asking price. |
Read the report:
Bar & Pub Business Valuation Benchmarks
FAQs
How much does it cost to buy a bar?
The median asking price for an established bar business is $462,500, though prices range from around $100,000 to well over $1,000,000.
How much do bar owners typically earn?
The median reported revenue among bars for sale are $815,505 and owners earn a median of $165,000, which includes the owner's salary and any other financial benefits they receive.
Where are most bars for sale located?
The dominant metro areas listing bars for sale include:
The top 10 states with the most bars on the market:
How do I value a bar?
There are several ways to value a bar business, but buyers and investors typically hinge their evaluation on a multiple of earnings and revenue. Based on our most recent analysis of bar for sale listings, revenue multiples range from 0.37 to 0.93, with a median of 0.57. Earning multiples range from 2.14 to 3.83, with the median at 2.74. This means the average bar or pub may sell for around 0.57 times its annual revenue, and 2.74 times its annual owner earnings.
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