European Themed Tavern Two Locations

www.GlobalBX.com

Listing ID: 700262896

Listing Title: European Themed Tavern Two Locations

Quick Link: http://www.globalbx.com/listing.asp?bId=262896

Industry: Bars and Nightclubs

Industry Segment: Bars and Pubs

Country: United States

State / Province: Pennsylvania

Area

City: Lehigh County

Asking Price Range: $500K - $1.0M

Gross Revenues: $3,669,849

Cash Flow: $118,217

Cash Flow Type: Sellers Discretionary Cash

Year Established: 2011

Number of Employees: 50 - 99

Business Description:
Franchise Tavern - Two Locations Price $795,000 National Franchise Bar and Restaurant with a European theme - two locations! 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. Inventory: $21,000 Included in asking price Furniture, Fixtures, & Equipment (FF&E): $850,000 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: Some seller financing possible 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 Call Anthony John Rigney PA (904) 725-7677



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