Restaurant/Bar & Grill/Full Liquor License/High Gross/High Net

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Asking Price:
$550,000

Gross Revenue:
$1,556,000
Cash Flow:
$216,500
EBITDA:
$216,500
Inventory:
$20,000
not included in asking price

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Rare opportunity to own an well established, high gross, high net, 100% absentee owned and employee operated bar & grill with full liquor(ABC-Type 47) license in the very desirable Temecula valley area.

This business establishment with ample seating capacity attracts patrons for a quick business lunch to a fun filled night out with friends and family.

Upon arrival, this establishment pampers it’s guests with a large selection of draft beers on tap, a full bar, mouthwatering menu, music, multiple flat screen televisions, providing an enjoyable entertainment atmosphere.

Additionally, current ownership dedicates almost no time and resources for advertisement and promotion of this business and most of its clientele is established repeat or referral, therefore, upside potential, additional revenues and resulting higher bottom line may be realized by actively engaging in advertisement campaigns and utilizing social media.

Sellers maintain a full complement of staff with very high payroll related expenses in excess of $400,000.00 annually, therefore, a higher bottom line may be realized for an energetic new buyer by controlling payroll related expenses.

Anchored by multiple national brand business establishments, this business is located in busy shopping center ensuring a large volume of vehicle and foot traffic. Growth in surrounding area may result in higher traffic and added future potential.

Clean books and records, 100% absentee ownership, full complement of staff, very busy major street location along with opportunity for expansion and growth presents an rare acquisition opportunity.

Qualified buyers are invited to execute an NDA in discreet pursuit of this business acquisition.

About the Business

Number of Employees:
27+-
Facilities:
Temecula Valley Location
Southern California
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Listing Info

ID:
1550554
Ad Detail Views:
378

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$
months
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Business Listed by

Mani Singh, CBB.

TNW Business Brokers
License# 01397200

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Certifications:
U.S. Census Data for Riverside County, CA
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Riverside County, CA
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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