Asking Price: $249,900 Gross Revenue: $450,000Cash Flow: $62,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $7,500 included in asking priceFF&E: $102,000 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.
For the past 15 year and more this club has rocked, every Thursday thru Sunday. Customers line up to get in. The location is outstanding with no competition anywhere around the place. It’s the only club like this for miles, located in an upper middle income area. The location is just minutes from the ocean front. This is the total package. Club and bar business is booming.Thursday-Sunday is standing room only, with the nightly specials that draw crowds in for the fun, good times and great food and drinks.
Location is raking in the cash. Owners have operated location for nearly fifteen years and are tired of the club and restaurant business. They are ready to cash out and turn the bar over to the next success minded owner, it's your turn.
Are you ready for the club ownership lifestyle, late nights filled with lots of cash counting, yes it's a tough job but someone has to do it! For more information about this fantastic opportunity please contact Fouad Mohit 1-757-237-2301 or email@example.com
About the Business
Number of Employees:
2 full time
Building Sq. Ft.:
$7,300.00 Per Month
3500 square feet of well laid out with DJ booths and dance floor,2 bars and plenty of VIP's section.
The format, location, longevity, and accessibility makes it very difficult for the competition to compete.
Growth & Expansion:
The seller has operated this business for the past 15 years, he has created a fantastic business but, he is burned out. It is time for a new person to take charge and expand the hours of the opration and implement new ideas.
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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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