Price: $295,000
Location: Orange County
Listing ID: 4110-00288
Listing Status: New
FIRE SALE!!! Your opportunity as the Partners can no longer work together, they are forced to sell!! BRING ALL OFFERS
Business has been open for 0ver 5 years and new owners purchased it in 2021 and invested an additional $200k in FF&E upgrades
the business did over $1.3 million in 2021 and the current sales are over 2021 and with less hours of operation as the new owners closed the business during the day/ They open at 4 pm
March sales over $125k/ they just had their grand opening and first big marketing campaign/ Seller may consider seller financing for a Qualified buyer with 50% down
Down Payment: $295,000
Total Sales: $1,688,000
Discretionary Earnings: $258,148
FFE: $200,000
FFE Included: Yes
Inventory: $10,000
Inventory Included: Yes
Year Established: 2020
Year of last Acquisition: 1
Days & Hours of Operation: 7 days a week from 4 PM - 11 pm Fri & Sat 2 am
Owner Hours Per Week: 35
Lender Pre-Qualified: No
Employees: 18
Managers: 1
Security on Lease: No
Lease Option: Negotiable
Monthly Rent: $14,181
Type of Location: Strip Center
Square Footage: 5000
Franchise: No
Relocatable: No
Reason For Sale: Partnership Dissolution
Training & Support: 2 Weeks Training