Cape Cod - California Style Beach Bar/Restaurant
| Asking Price: | $190,000 | Inventory: | $20,000 ** |
| Gross Revenue: | $301,223 (comments below) | Real Estate: | n/a |
| Cash Flow: | $88,000 (comments below) | FF&E: | $170,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
| Gross Revenue Comments: 2008 | |||
| Cash Flow Comments: 2008 | |||
"La Paz Surf Cantina" - A California style beach bar (seasonal) w/ indoor and outdoor seating, capacity is 91 inside and 67 outside. Full liquor license and entertainment license, over 170k in capital improvements made since 2006. Long term lease, solid cash flow, sales continue to increase over the last three years with 09' continuing the upward trend.
About the Business
Year Established:2006
Employees:3 full time - 5 part time
Facilities:Completely remodeled interior containing leashold improvements totaling 170k.
Market Outlook and Competition:Seasonal cape cod market this is a one of a kind bar offering a unique decor and atmosphere. Tourists and locals mingle here and continue to come back over the years.
About the Sale
Management Training and Support:Seller will offer training for reasonable transitional period
Reason For Selling:Owners wish open larger full service year round restaurant will not compete in same market as current operation.
Seller Financing:negotiable
Attached Files - Attachment Disclaimer
KEYWORDS: margaritas, beach, bar, liquor, beer, turnkey
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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