Premiere listening room for live Jazz, Blues and R&B
Peninsula
This profitable live entertainment venue is one of the few of its kind in the area. It has a capacity of over 200 guests, with both indoor and outdoor seating available. In addition to entertainment, it offers a full bar and menu. The current owner, working part-time, has achieved a seller's discretionary earnings (SDE) of over $200,000. A solid staff is in place to handle day-to-day operations, and with strong cash flow, there are still plenty of opportunities for expansion.

Número de listado:

23655

Categoría:

Bar/Liquor,Food - Restaurant,Leisure/Entertainment

Ubicación:

Peninsula
$399,900

Información financiera:

Ingresos brutos:

$1,327,612

Precio listado:

$399,900

Depósito:

$0

Ingresos totales:

$204,210

Año Establecido:

2021

Información de arrendamiento:

Pies cuadrados:

5803

Renta Total:

$14,798

Vencimiento del arrendamiento:

N/A

Opciones de arrendamiento:

2 five year optins

Información de activos:

Mejoras arrendatarias:

$100,000

Equipos / Accesorios:

$80,000

Inventario:

$2,500

Otros activos:

N/A

Información adicional:

Empleados de tiempo completo:

0

Empleados a tiempo parcial:

12

Licencia especial requerida:

Special Event Use Permit (goes with location), ABC License

Personal contratado:

1

Periodo de entrenamiento:

2 WEEKS

Razón de venta:

Retirement

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La información contenida en este documento se recibió del Vendedor y se considera confiable pero no está garantizada. First Choice Business Brokers (FCBB) ha confiado en que el Vendedor proporcione los detalles anteriores y NO ha verificado esta información. FCBB no es responsable y NO garantiza ninguna declaración, proyección o información proporcionada por el Vendedor. El Usuario/Comprador será el único responsable de la verificación de las ganancias y operación comercial del Vendedor. Al aceptar este documento, el Comprador/Usuario acepta que toda la información aquí contenida es estrictamente confidencial y no será revelada a ninguna otra parte sin autorización previa por escrito. El Comprador/Usuario confirma y comprende que FCBB NO ha realizado una investigación independiente del negocio o las cifras citadas en este documento. FCBB recomienda encarecidamente que un Comprador busque asesoramiento legal y contable antes de comprar un Negocio. Cualquier cambio en la información anterior requiere la aprobación por escrito tanto del Vendedor como de FCBB. Cualquier cambio realizado en este documento sin la aprobación de FCBB y del Vendedor no es válido.

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Timothy Johnson
Office: (757) 866-2321 | Cell:
License #:
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Premiere listening room for live Jazz, Blues and R&B
Peninsula

Listing Number:

23655

Category:

Bar/Liquor,Food - Restaurant,Leisure/Entertainment

Location:

Peninsula

Listed Price:

$399,900
brokerPhoto
Timothy Johnson
Office: (757) 866-2321 | Cell:
License #:
This profitable live entertainment venue is one of the few of its kind in the area. It has a capacity of over 200 guests, with both indoor and outdoor seating available. In addition to entertainment, it offers a full bar and menu. The current owner, working part-time, has achieved a seller's discretionary earnings (SDE) of over $200,000. A solid staff is in place to handle day-to-day operations, and with strong cash flow, there are still plenty of opportunities for expansion.

Financial Information

Gross Revenue:

$1,327,612

Listed Price:

$399,900

Down Payment:

$0

Total Income:

$204,210

Year Established:

2021

Lease Information

Square Feet:

5803

Total Rent:

$14,798

Lease Expiration:

N/A

Lease Options:

2 five year optins

Asset Information

Leasehold Improvements:

$100,000

Equipment / Fixtures:

$80,000

Inventory:

$2,500

Other Assets:

N/A

Additional Information

Full-Time Employees:

0

Part-Time Employees:

12

Special License Required:

Special Event Use Permit (goes with location), ABC License

Contract Staff:

1

Training Period:

2 WEEKS

Reason for Selling:

Retirement

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


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