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Saint Lucie County, Florida
Asking Price
$1,178,226
Revenue
$3,362,220
Down
Call/Email
Cash Flow
$495,880
Name: Wes Lewison
Phone: Show phone number
Name
Wes Lewison
Phone
Show phone number
Posting ID:
283803
Attributes:
Broker Cooperation
Training And Support
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Orange County, California
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Kitsap County, Washington
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San Diego, California
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Orange County, California
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Orange County, California
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This popular Orange County sports bar has it all -- a full liquor license, favorable rent, a great location, and most importantly, a strong cash flow! The 3,600 square foot bar, which leases for 5,130 per month, features a full kitchen, two bars and dining areas, and a front patio. The venue also offers plenty of flat screen TVs, a pool table, table-top games, and internet jukebox. One of the dining areas has coin-operated games, a PlayStation III, X-Box 360, Wii and karaoke, making it ideal for families, team parties and private events. The sports bar offers a wide variety of delicious items on the menu including appetizers, pizzas, sandwiches, salads, desserts and kid-friendly entrees. Due to the bar's awesome menu, and its close proximity to a college, industrial parks, and a major Orange County freeway, its lunch business has tripled! Breakfast is also served on weekends for those patrons eager to catch their team's early games. Additionally, the bar's excellent, long-term staff consistently provides high-quality customer service. The owner is selling the business so that he can pursue another business opportunity.
Los Angeles County, California
Automotive
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This is a long-established and highly reputable mechanic shop in a great location in the San Fernando Valley. The shop has 3 lifts and 3 bays with easy access for tow trucks and fleets. The seller claims a good net income just off of referrals without taking on any new customers off the street. The shop gets very busy and hours can be extended. Â
Beverly Hills, California
Restaurant - With ABC 47 Liquor License
$ 595,000
Asset sale only. Assets include: ABC 47 (valued at $100K-$150K). Leasehold improvements - FFE (valued at over $180K) - Rent below market: (you save a minimum of $180,000 in rent per year for another comparable space in this area, if you can find one). Pedestrian area: offices, artists management companies, Plastic surgeons offices and other medical facilities, tourists, L.A people strolling Beverly Hills. Some neighboring tenants: Crustecean, Mr Chow, Villa Blanca, Wally's, Neiman Marcus, HSBC, City National Bank, Wells Fargo, Luxury Car Rental Beverly Hills, etc. Prime location in Beverly Hills with ABC 47. Lease approx. 8 years + possibly additional options. 2,200 sq. ft. includes about 200 sq. ft. of offices and storage. Small patio. Plenty of Parking - Fee parking after 6PM. Landlord will consider only experienced operators.
Los Angeles County, California
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Business Insider in October 2014 stated that this app was selected as one of the top 100 greatest apps. Over 800,000 users from around the world have purchased this app over the last five years. An iPhone 6 Plus version of the app is scheduled to be released in September 2015. Competitive Advantage and Business Strengths * Reviews: The app has grown in popularity driven by its product quality. With little to no marketing, the product quality is what has been the foundation for its growth. In all its debut, more than 55% of users gave it the best rating, 5 out of 5 stars. 25% gave it 3 or 4 stars. * Quality: After 5 years of continuous development, more than 30 version upgrades and three complete overhauls, the app is one of the best quality note taking tablet apps on the market. The app features handwriting recognition and intuitive vector-based system that turns your handwritten notes into text, audio recording abilities along with easy to use interface ties all these features together seamlessly. * Users of the App: Approximately 40% of the users are students and 60% of the users are professionals. Both the student population and professional services will continue to grow at a fast pace in the next 10 years providing strong marketing opportunities. * Language: The app is written in many languages to help extend its geographic reach around the world, it can be read in English, French, German, Italian, Japanese, Korean, Portuguese, Russian, Spanish and Vietnamese. These 800,000+ purchases represent sales from around the world; 57% from USA and Canada, 26% from Europe, 11% from Asia and 6% other locations. Growth Initiatives: * Lower price point: Upon release of the iPhone 6 Plus the price point is projected to be one of the lowest in the market place giving the company an opportunity to increase market share. * Growth: For 2015 the main initiative is to focus on an app for the iPhone 6 Plus. The screen size of 6 Plus is large enough to incorporate the handwriting feature. Since the iPhone 6 Plus was introduced to the market place there are countless requests from users to make this app universal. The iPhone 6 Plus version is scheduled to be released September 2015. * Cross Selling: A strong customer base of over 800,000+ satisfied users from around the world give a company a chance to tap into this large user group and cross sell other similar products. Sales of this app could improve with a company that had a broad geographic reach and distribution infrastructure set up to support sales. * Current Users: Continuing to engage the users with periodic email blast, social connections and in app connections would create additional social media hype that can be used for marketing purposes. Marketing to the current users would create opportunities to sell other technology based products and increase the amount of money spent per user. * Social Media: Establishing strong relationships in both the social media environment and with Apple Staff would drive attention to the product and increase consumer awareness.
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