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

San Bernardino County, CA

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

Cash Flow: $657,000

Gross Revenue: $2,391,000

EBITDA: N/A

FF&E: N/A

Inventory: $50,000*

Rent: $10,790 /Month

Established: N/A

*not included in asking price.

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

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Business Description

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

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.

Detailed Information

Location:
San Bernardino County, CA
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
6,500
Lease Expiration:
N/A
Employees:
47+-
Facilities:
Very Attractive Business Establishment San Bernardino County, Inland Empire Location Southern California
Support & Training:
Provided as part and parcel of business acquisition
Contact Seller

Contact the Seller

(from currently available funds)
 
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Mani Singh, CBB.

Business Listed By:
Mani Singh

TNW Business Brokers

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Memberships & Certifications:
Indicates membership in The California Association of Business Brokers (CABB). The CABB Certified Business Broker (CBB) certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the CABB.

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