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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