ICONIC PUB - Turn Key and Immediate Income!

CA

Seller Financing Available
ICONIC PUB - Turn Key and Immediate Income!

Asking Price:$1,054,000

Cash Flow:$301,877

Gross Revenue:$1,758,144

EBITDA:N/A

FF&E:$571,958

Inventory:$55,435

Lease Rate/Sq. Ft.:N/A

Established:2001

ICONIC PUB - Turn Key and Immediate Income!

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Business Description

Rare Gem with Seller and SBA Financing to Qualified Buyers!!!

This business offers a unique high quality menu, libations, authentic furnishings and customer experience. Popular and lively destination for vacationers and business travelers. It is also located in a high density residential area-many loyal local customers!

This business fills a specific niche and is a highly sought after venue for dinner and entertainment. It enjoys siignficant goodwill within the community due to the authenticity of the offered experience and high quality of the food, spirits and live entertainment.

Celebrated by AOL Citywide as "One of the Best Bars", recipient of Guinness Gold Standard Award" as well as area "Best of Awards" for food, beverage and entertainment. It has been spotlighted in various magazines, newspapers and other publications. There is significant opportunity for growth and given the size of facility, fantastic location in a rapidly expanding/ growing community, and authenticity of the customer experience, the gross revenues could increase significantly.

New owner(s) will have all the ingredients to enjoy immediate high income and to take this well established, highly regarded and iconic business to new heights.

Consistent annual revenues in the $2M Range. Type 47 Liquor License/Cabaret and Live Music!

Seller Financing available and also SBA Prequalified!!

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
3,050
Lease Expiration:
N/A
Employees:
29
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This business was founded in 2001 and has consistently achieved gross revenues in the 2M range. It is a iconic venue offering patrons an authentic ambiance, full service meal options, cultural and traditonal spirits, live entertainment and private or semi-private functions. Celebrated in the community by AOL Citywide as "One of the Best Bars", recipient of Guinness Gold Standard Award" as well as area "Best of Awards" for food,beverage and entertainment in various magazines, newspapers and other publications. Type 47 Liquor License/Cabaret and Live Music! Seller Financing available and also SBA Prequalified!!
Competition:
This is a destination location for vacationers, business meetings and also a high density residential area. This business fills a specific niche and is a highly sought after venue for dinner and entertainment. It enjoys siignficant goodwill within the community due to the authenticity of the offered experience and high quality of the food, spirits and live entertainment.
Growth & Expansion:
There is significant opportunity for growth and given the size of facility, fantastic location in a rapidly expanding/ growing community, and authenticity of the customer experience, the gross revenues could increase significantly. This is a unique opportunity for a new owner(s) to enjoy immediate income and to take this well established, highly regarded and iconic business to new heights.
Financing:
304,000.00
Support & Training:
4 weeks
Reason for Selling:
other interests

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Robert Cunio

Business Listed By:
Robert Cunio

Transworld Business Advisors San Diego Central

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