Highly Profitable Deli & Adult Entertainment License/Business with Commercial Property for Sale! - SBA Loan Qualified
This is an offering that rarely comes up in the market. Not only do you have a 30+ year old business supplementing close to $350,000 Owner Cash Flow, you have a Grandfathered Adult Entertainment License next door under the same Ownership. Due to the nature and location of this Asset, the demand and value of this license that comes free with the purchase is substantial.
The current owner of the building and business is charging below market rent for both the Deli and Adult Entertainment Businesses. At average market rate, just one of the two tenants' monthly rental income will cover the entire monthly loan payments for the Businesses & Property! The other tenant's rental dues will be straight profit. This is not including the existing and proven Seller Cash Flow!
The Adult Entertainment business/tenant is currently operating under the Seller's License as a manager. Due to the City's policies to limit such Licenses; this gives the Purchaser generous options to recoup his or her investment quicker. This is a Grandfathered, Commercially zoned license.
Pre-qualified for an SBA loan with $700-900,000 down payment. Can change slightly depending on Buyer's Financial Strength
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About the Business
The loyal following of this business has allowed very consistent cash flow. Seller's discretionary earnings have increased since taking ownership!
Growth & Expansion:
There are clear growth opportunities that can be easily realized. The purchaser will have full support of the current ownership of how to grow this already very successful business.
Asking Price: $2,700,000 Gross Revenue: $1,500,000Cash Flow: $323,400 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed included in asking priceReal Estate: Not Disclosed Share 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.
Highly Profitable Deli & Adult Entertainment License w/ Property
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
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