Asking Price: $750,000 Gross Revenue: $1,200,000Cash Flow: $130,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $15,000 not included in asking priceFF&E: Not Disclosed 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.
Please show your agent a verification of funds before you get the location. Rare concept.
Franchise bar & grill whose concept has been established since 1972. currently has about 18 locations throughout the USA & internationally. New high profile Las Vegas location opening soon. Beautiful freestanding unit with private parking lot close to freeways & airport. beautiful build out with type 47 ABC license, 2 bars, occupancy is 279. Entertainment permits allow live music on stage, patron dancing, stage shows, Famous burlesque type show on TV gives this company national exposure too. Sale includes database of over 10,000 contacts. This location has exclusivity in San Bernardino & Riverside counties. Royalty of 3%. Training in Los Angeles. & Seller training in unit. Keep the franchise or not.
About the Business
Number of Employees:
2 FT 28 PT
Building Sq. Ft.:
$56,276,500.00 Per Month
apx 6125 sq, ft including patio. Freestanding location with large parking lot. Long term lease. 2 bars type 47 ABC license, live music, patron dancing.
Great area, close to freeway & airport. Keep the franchise or not.
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.