Asking Price: $169,000 Gross Revenue: $250,000Cash Flow: Not DisclosedEBITDA: Not DisclosedInventory: Not Disclosed FF&E: $50,000 included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
This is a bar and restaurant that has been in operation for over 20 years with a loyal customer base. This freestanding business is located directly
off of the 5 freeway on a very busy street. There is a large parking lot, a fully equipped kitchen, full bar and an ABC type 47 license (full liquor)
that is approved to be open until 2am. Ideal for conversion to any other concept with no restrictions. Seller wants to retire. For additional information, please contact Listing Agent Shawn Ko at (760) 473-1187.
About the Business
Chula Vista, California
Number of Employees:
Building Sq. Ft.:
$7,106.00 Per Month
This is a leased location of 3,380 square feet with a Total Rent of $7,106. Seller is active in the business with 3 FT employees. Hours of operation are 12 PM to 2 AM, 7 days a week. $50,000 in FF&E included in Asking Price. $100,000 made in Leasehold Improvements. ABC Type 47 License Required.
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. See our
full Terms & Conditions.