Sports Bar & Restaurant - Attractive, High Gross, High Net

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Sports Bar & Restaurant - Attractive, High Gross, High Net
Asking Price:
$1,700,000

Gross Revenue:
$2,391,000
Cash Flow:
$657,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$50,000
not included in asking price

FF&E:
 Not Disclosed
included in asking price

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Business Description

Rare opportunity to own an attractive, high gross, high net, great visibility, prime location, super low rent sports bar with full liquor(ABC-Type 47) license.

Business Highlights:
* Attractive
* High Gross
* High Net
* High Gross Profit
* High Visibility
* Low Rent - Great Lease
* Delicious Mouthwatering Menu
* Nonstop Sports
* Over 30 Draft and Bottled Beers
* Full Bar

Please note, that this business with ample seating capacity attracts patrons for a quick business lunch to sporting events and night out with the family. This establishment pampers it’s guests with a large selection of draft beers on tap, a full bar, delicious menu, multiple televisions, an arcade and gaming machines providing entertainment for the single patrons or the entire family.

Revenues indicate that this location is one of the high gross establishment with a very low rent factor of about five(5)% of gross receipts.

High gross, high net, low rent, long term lease, attractive establishment, provable financials present a great acquisition opportunity.

General Qualifying Criteria:
Previous restaurant ownership or management experience
Net Worth of $1,000,000
Liquidity of $500,000
Good Credit Score

Buyers are requested to utilize utmost discretion, qualified and well capitalized buyers are invited to execute Confidentiality Agreement and initiate contact.

About the Business

Location:
San Bernardino County, California
Number of Employees:
47+-
Real Estate:
Leased
Building Sq. Ft.:
6,500
Rent:
$10,790.00 Per Month
Facilities:
Very Attractive Business Establishment
San Bernardino County, Inland Empire Location
Southern California
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About the Sale

Training/Support:
Provided as part and parcel of business acquisition

Listing Info

ID:
1611577
Ad Detail Views:
0

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$
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Business Listed by

Mani Singh, CBB.

TNW Business Brokers
License# 01397200

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