Ventura County Sports Bar - Prime Location Opportunity
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This listing is: Off Market
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 |
