Profile: Profitable Neighborhood Bar - Includes Real Estate.
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Ad/Listing Information
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Contact Information |
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| Seller Or Contact: |
Matt Olufs, Agent
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| Primary Phone: |
805-886-2919 |
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| Alternate Phone: |
None Given |
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| Email Address: |
Email This Advertiser |
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| Date Started: |
11/17/08 |
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| Date Last Revised: |
12/9/08 |
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| BizBen Ad #: |
123677 |
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| Financial Information |
Detailed Information |
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| Asking Price: |
$1,200,000 |
| Down Payment: |
$250,000 |
| Annual Revenue: |
$365,000 |
| Annual Adjusted Net: |
$85,000 |
| Price Range: |
$1 Million to $2 Million |
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| Franchise: |
No |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
Yes |
| Bkr To Bkr Coop: |
Yes |
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Description:
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This Is A Rare Chance For Bar Buyers To Purchase A Business With No Rental Payment. With An Allocated Price Of Only 750,000 For A Commercial Building In Santa Barbara, The Business Revenues Will Cover All Loan Payments And Build Equity For An Owner. As A Successful Neighborhood Bar, The Business Itself Is Very Low Maintenance - No College Kids Or Dance Permits To Deal With. The Owner's Daily Hours Are Limited To Verifying Revenues And Supervising Maintenance Teams, All Accomplished Before Noon. Employees Cover All The Evening Hours. Rather Than Focusing On The Tourist Traffic In Santa Barbara, Business Revenues Stem From Local Residents And Are Very Consistent, With No Significant Highs Or Lows.
Don't Miss Out On This Rare Package Deal.
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For More Info Call: (Please Mention You Saw This Ad On BizBen):
Matt Olufs, Agent at 805-886-2919 Non Disclosure Agreement |
See All Our Other Businesses For Sale We Have Available
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