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I'm buying a california bar/tavern with a class 48 license and need advice on how to value it.

What's the best way to value a bar/tavern business? 1/2 gross reported receipts? Is there any other formula available I can use (with the existing owners financials) to arrive at a fair offering price?

Terry Hearne

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Sharp Business Opportunities
San Diego County, CA

Cocktail Lounge – 4 x monthly gross + license

May 30, 2009

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