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BUSINESS FOR SALE - PROFILE #  01984936BY

Mexican Bar with Dancing, Live Bands, Full Kitchen
Los Angeles

Asking Price: $650,000   Down Payment: $650,000  
Gross Revenue: $1,140,000   Adj. Cash Flow*: $360,000  
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Executive Summary
Mexican Restaurant with Live Entertainment, Dance & DJ with Beer & Wine in Los Angeles. 
Very Popular Bar with Dancing and Live Entertainment. 
Seller has done well with Live Bands Every Fri, Saturday & Sundays. 
Cover Charge on weekends.  Has Full Kitchen, currently serving simple menus.  Buyer can Expand if desired. 
Buyer may keep or change the theme, but this is a very popular bar in the area. 
Seller may consider Financing $200,000 for Qualified Buyers. 
Some Major Expenses Estimated: Advertising $1,200, Credit Card $600, Utilities-$2,200, Entertainment-$15,000

Acquisition Highlights

  • Mexican Restaurant with Live Entertainment, Dance & DJ with Beer & Wine in Los Angeles. Very Popular Bar with Dancing and Live Entertainment. Seller has done well with Live Bands Every Fri, Saturday & Sundays. Cover Charge and Limited Simple Menu. Has Full Kitchen, Buyer can Expand if desired. Buyer may keep or change the theme, but this is a very popular bar. Seller may consider Financing $200,000 for Qualified Buyers. Some Major Expenses Estimated: Advertising $1,200, Credit Card $600, Utilities-$2,200, Entertainment-$15,000
  • Training Information:  2 weeks
  • This business is not a franchise
Business Synopsis

Asset Information (estimated fair market value)

Established in: 1997 Inventory: $12,000
Employees: 3 FT, 3 PT Furniture, Fixtures & Equipment: Included
Lease/Rent: $9,000 Real Estate:
Building Sq Ft: 3,600
    Total Assets Included in Sale:
 
* Adj. Cash Flow -  Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction.  Please use this link to request more INFORMATION which will be sent to the listing office.
DISCLAIMER: All information contained in this document has been provided by the subject company or its agent, and while believed to be correct has not been verified. Accordingly, we makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this document. At all times we are an agent for the seller and not for the buyer unless a specific agreement exists for us to act as the buyer's agent.

FOR MORE INFORMATION:

Contact:  Brian Yang
Phone:  (562) 402-2686
Fax:  (562) 809-3398
Other:  (323) 896-2852
E-mail:  brianvrbb@gmail.com
VR Business Brokers - Artesia, CA
17100 Pioneer Blvd, Ste 195
Artesia, CA 90701
www.vrbb.com
The above company and/or agent is a licensed real estate broker/and or a business broker.
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