Asking Price: $1,190,000 Gross Revenue: $300,000Cash Flow: $100,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $5,000 not included in asking priceFF&E: $200,000 included in asking priceReal Estate: $695,000 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.
The purchase of this business includes the buildings and land***** The business can be purchased separatelyfor a Price of $495,000.This is one of the largest Night Clubs and Restaurants in the Inland Empire. It has been totally refurbished in the last two years. It consists of two buildings and a large patio with a dance floor and separate DJ Podium, along with a large stage for bands. The Bar is impressive with special effects creating a unique experience of entertainment. The menu is outstanding and prices for cocktails and food are very competitive. The Lounge takes pride in booking private parties and entertainment events on a monthly basis. There are General Admission Prices from $15.00 to VIP of $25.00. There is also a monthly Comedy Show with a variety of entertainers. It is not very often that a Night Club and Restaurant of this size and Class comes on the market in Southern California.
About the Business
Number of Employees:
3 Part -time
Building Sq. Ft.:
This is one of the largest Night Clubs and Restaurants in the Inland Empire. It has been totally refurbished in the last two years. It consists of two buildings and a large patio with a dance floor and separate DJ Podium, along with a large stage for bands. The buildings consist of 7500 square feet, Plus large patio, and Full kitchen
This is a totally refurbished Restaurant/Night Club with an entertainment license. It is one of a kind in the inland empire. Only open four nights a week.
Growth & Expansion:
Buyer could have live music every night and could open for lunches which would provide 30% more income.
Night Club Restaurant Bar-land & Buildings included
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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
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