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Incredible Opportunity - 2 Franchise Taverns
Location: United States -> Pennsylvania -> Allentown
Industry: Bars and Nightclubs > Bars and Pubs




Business Summary

Franchise Tavern - Two Locations plus 2 Liquor Licenses Included!

National Franchise Bar and Restaurant with a European theme - two locations! Includes 2 valuable Liquor Licenses. Long term leases in place. Room for improvement in COG expense. High profile National brand and capable staff in place. Needs active experienced owner to take to the next level. Buy two locations for the cost of opening one. Buyer must qualify for transfer with Franchise.

Detailed Information:
Inventory: Included in asking price
Furniture, Fixtures, & Equipment (FF&E): Included in asking price

Facilities:
This offering consists of two Franchise Restaurant/Bar locations. Stand alone building with a combined square footage of 23,750.

Competition:
These bars have a high National profile with the benefits of an ongoing National advertising campaign.

Growth & Expansion:
Owners are not active in this business. It has been run by management staff it would benefit from the hands on ownership of an experienced operator. Business can be grown with additional local advertising. Cost of goods and Labor costs can be contained to effect immediate savings to the bottom line.

Financing:
Partial seller financing possible for qualified buyers

Support & Training:
Experienced General Manager will train new owners for 2 weeks at no charge. Franchise also offers training of up to 5 weeks.

Reason for Selling: Discuss with Seller

Franchise: This business is an established franchise

Priced at $699,500. Less than cost of opening one location. Call Anthony at 904-725-7677.


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $3,669,849
Cash Flow:   $118,217
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $871,000
Seller Financing:  Yes

About The Business

Year Established:  2011
Number of Employees:  50 - 99
Relocatable:  No
Franchise:  Yes
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  2 weeks at no cost
Reason For Selling:  Discuss with seller

Photos

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Incredible Opportunity - 2 Franchise Taverns Photo 1




Print Listing Id: 700265672
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Related Searches: Bars and Pubs  >  Nightclubs  >  Other Bars and Nightclubs  > 

Also See: Franchise Opportunities > Franchise Resales > Pennsylvania Businesses For Sale > Pennsylvania Franchises For Sale > Pennsylvania Business Brokers



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