Asking Price: $100,000 Gross Revenue: $316,080Cash Flow: $82,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $5,000 included in asking priceFF&E: $40,000 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.
Colorado Springs, CO
This location has long been a bar/nightclub, but none as successful as this current operation. The club has its own theme and has developed a loyal following which starts in the early afternoon then changes over between 6:00 pm and 8:00 pm and then again at 10:00 p.m. They offer a full bar and a fully equipped kitchen which is leased to a seasoned cook that has a developed menu.
The current business format was started approximately 3 years ago and the current owner spent about 3 months remodeling the entire facility prior to opening. The bar is operated from an approximately 4,000 sf space. The business has an attractive lease and a transferable (with qualifying) tavern liquor license. There is also an outdoor patio area that is covered under the liquor license.
About the Business
Colorado Springs, Colorado
Number of Employees:
Building Sq. Ft.:
$2,500.00 Per Month
Growth & Expansion:
This nightclub has great potential by just continuing on with the current theme and business model. The bar location is one that is conveniently located and easy to get too especially on the weekends, The theme fits the area and the area makes the bar with its loyal customers. A full-time owner could televise events such as MMA and boxing, offer more live music and pool leagues. There is potential to expand the space, if desired, for even more opportunities.
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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
and assumes no responsibility for its accuracy, veracity, or completeness. See our
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