Coral Gables, FL
$110,000

Coral Gables, FL
$110,000

Boston, MA
$375,000

Newton, MA
$155,000

San Bernardino County, CA
$375,000
Denver, CO
Not Disclosed
Decatur, IL
$55,000
Palisades Park, NJ
$1,100,000
REAL ESTATE INCLUDED
Haines, AK
$875,000
Nueces County, TX
$1,500,000
Chesaning, MI
$999,900
Tarrant County, TX
$350,000
Davie, FL
$1,000,000
Harris County, TX
$950,000
Burlingame, CA
$450,000
Portland, ME
$325,000
Cary, NC
$449,000
Prakas & Company
Serving Palm Beach County, FL
About Prakas & Co. Established in 1999, Prakas & Co. is South Florida's leading commercial real estate brokerage firm, specializing in the hospitality sector. With a focus on restaurants, bars, and nightclubs, we offer unparalleled expertise in the sale, lease, and marketing of commercial properties throughout the Treasure Coast, Palm Beach, Broward, and Miami-Dade Counties. At Prakas & Co., we bring over two decades of experience to the table, having completed more than 600 transactions that have significantly shaped the commercial landscapes of some of South Florida's most vibrant districts. Our extensive network of contacts and our deep understanding of the local market dynamics allow us to provide strategic, tailored solutions that drive success for our clients and partners. Our Services Include: -Sales and Acquisitions: Specializing in high-value commercial properties and business sales. -Leasing: Offering expert negotiation and deal structuring for tenant and landlord representation. -Consultancy and Advisory: Providing insights and strategic planning for optimal investment outcomes. We are not just brokers; we are your strategic partners in commercial real estate. Whether you're looking to buy, sell, or lease, Prakas & Co. ensures that every transaction is positioned for maximum success. Our team's dedication to service excellence and client satisfaction makes us the first choice for commercial real estate insights and transactions in South Florida.
REAL ESTATE INCLUDED
Huntington Beach, CA
$2,999,000
Murrells Inlet, SC
$265,000
Kalamazoo County, MI
$329,900
$450,000
REAL ESTATE INCLUDED
Wise County, TX
$1,480,000
Hillsborough County, NH
$850,000
Atlanta, GA
$120,000
Saint Louis, MO
$299,000
Buena Park, CA
$399,000
Providence County, RI
$150,000
Allegheny County, PA
$195,000
REAL ESTATE INCLUDED
Lake George, NY
$1,700,000
REAL ESTATE INCLUDED
Pinellas County, FL
$3,199,900
REAL ESTATE INCLUDED
Pinellas County, FL
$1,999,900
Joliet, IL
$195,000
Elon, NC
$245,000
Ulster County, NY
$299,900
San Diego County, CA
$259,999
REAL ESTATE INCLUDED
North Carolina
$1,900,000
Macomb County, MI
$650,000
Kittanning, PA
$300,000
Polk County, IA
$195,000
Chicago, IL
$3,999,000
REAL ESTATE INCLUDED
Wernersville, PA
$2,750,000
Oakland, CA
$225,000
Ormond Beach, FL
$750,000
Wixom, MI
$975,000
Tampa, FL
$799,000
Steve Hovakimyan
City Center Realty Group
Serving Los Angeles County, CA
Steve Hovakimyan understands that navigating the commercial real estate market can be complex. That’s why his company, City Center Realty Group, is dedicated to guiding you through the unique landscape of Los Angeles County. Steve and his team specialize in connecting buyers and sellers with prime properties and securing top-dollar deals, all while ensuring a seamless and stress-free experience. With extensive industry expertise and a keen understanding of what businesses need in commercial spaces, Steve is the trusted expert to help you achieve your real estate goals. Whether you're expanding, relocating, or investing, City Center Realty Group is there to support you every step of the way. Trust Steve Hovakimyan to turn your commercial real estate vision into a successful reality.
Nassau County, NY
$299,000
REAL ESTATE INCLUDED
Saint Ignace, MI
$595,000
Alexandria County, VA
$1,500,000
Baltimore County, MD
$750,000
Baltimore, MD
$250,000
North Carolina
$475,000
| Market Overview | Listings for Sale (Median) |
|---|---|
| Number of Businesses Analyzed | 634 |
| Asking Price | $494,000 |
| Reported Revenue | $1,030,763 |
| Reported Seller's Discretionary Earnings | $175,000 |
Asking Price
| Lower Quartile | Median | Upper Quartile |
|---|---|---|
| $293,500 | $494,000 | $949,750 |
Market Financial Highlights
The financial data presented here is an aggregation of reported revenue and earnings of Bars, Pubs and Taverns for sale.
| Bound | Revenue | Seller’s Discretionary Earnings |
|---|---|---|
| Lower Quartile | $607,453 | $100,000 |
| Median | $1,030,763 | $175,000 |
| Upper Quartile | $1,600,000 | $279,139 |
Valuation Multiples
The valuation multiples listed below are derived from asking price, revenue, and seller's discretionary earnings of Bars, Pubs and Taverns listed for sale.
| Bound | Revenue Multiple | Earnings Multiple |
|---|---|---|
| Lower Quartile | 0.34 | 2.15 |
| Median | 0.50 | 2.97 |
| Upper Quartile | 0.81 | 4.14 |
FAQ's
How much does it cost to buy a Bar, Pub and Tavern?
The median asking price for an established Bar, Pub and Tavern is $494,000, though prices range from under $293,500 to well over $949,750.
How much do Bars, Pubs and Taverns owners earn?
The median reported revenue of Bars, Pubs and Taverns is $1,030,763 and owners earn a median of $175,000, which includes the owners salary and any other financial benefits they receive.
How do I value a Bar, Pub and Tavern?
Valuing a business is a complex process, but buyers and sellers often turn to the local market to understand how businesses are priced. Based on our most recent analysis of Bars, Pubs and Taverns, revenue multiples range from 0.34 to 0.81, with a median of 0.50. Earning multiples range from 2.15 to 4.14, with the median at 2.97. This means the typical Bar, Pub and Tavern may ask for around 0.50 times its annual revenue, and 2.97 times its annual owner earnings.
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