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Big Bar Making Big Money

Los Angeles County, CA
Big Bar Making Big Money
Asking Price : $1,100,000   
Cash Flow : $500,000   
Gross Revenue : $2,000,000   
Inventory : N/A   
EBITDA: N/A   
Rent: N/A   
FF&E: N/A   
Year Started: 2016   

Business Description

If you have the experience it takes to run a large restaurant and bar, this is the opportunity you have been waiting for. Located in a very busy section of Long Beach, they have packed over 800 customers in this place. Great concept, great location, great cash flow, great opportunity for the right person.

This is not for beginners. It really takes someone who knows the restaurant and bar industry. The new owner must understand that this is largely a cash business and there are a lot of advantages, but also some challenges that come with running a cash-based business. However, if it is properly managed, a new owner could possibly make their investment back in about a year. This business is underpriced because the current owner just wants to get out of this industry and the long hours that come with running a business like this. But this bar has made him a lot of money over the past 6 years and it could do the same for you.

ABSOLUTELY NO INFORMATION WILL BE SHARED WITHOUT AN NDA AND PROOF OF FUNDS.

Reason for Selling:Retiring.