Ventura County Sports Bar

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Background

BizEx ID:BizEx1190-KF
General Location:Ventura County, CA
Category: Restaurant
Bars/Taverns
Years in Business:12
Under Present Owner:12
Hours of Operation:7 days with variable afternoon and evening hours
Owner Hours:Varies
Training:1 weeks @ 8 hours
Organization Type:S-Corp
Lease Expiration:7/31/2018
Lease Options:
Building Size:6,064
Employees:24
Reason for Sale:Retirement

Financials

Asking Price:$200,000
Down Payment:$200,000
Gross Sales:$952,851
Discretionary Cash Flow:$100,000
FF&E:$144,326
Inventory Included?No
Inventory:TBD
Min. Operating Capital:
Real Estate Available?No
Rent:$11,399
Payroll:$24,000
Financing:Buyer




Kendric Foultz
Business Broker / M&A Advisor
100 Wilshire Boulevard, Suite 700
Santa Monica, CA 90401
Office: (310) 882-2200 ext 102
Direct: (310) 968-2369
Lic#: 01376005

OFF MARKET

Logos Member of the California Association of Business Brokers Member of the International Business Brokers Association Member of the M&A Source Holder of the Merger & Acquisition Master Intermediary designation, M&A Source's highest qualification Holder of the Certified Business Intermediary designation, IBBA's highest qualification Holder of the Certified M&A Professional designation from Coles College Trained by the National Association of Certified Valuators and Analysts to conduct business valuations