Incredible Opportunity - 2 Franchise Taverns
www.GlobalBX.com
Listing ID:
700265672
Listing Title:
Incredible Opportunity - 2 Franchise Taverns
Quick Link:
http://www.globalbx.com/listing.asp?bId=265672
Industry:
Bars and Nightclubs
Industry Segment:
Bars and Pubs
Country:
United States
State / Province:
Pennsylvania
Area
City:
Allentown
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 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.
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