Sunday, May 20, 2012

Washington Metropolitan Business Brokers - Jorge Portalea

 

Washington Metropolitan Business Brokers is pleased to present these businesses for sale.

Jorge Portalea welcomes your inquiries about businesses for sale in the greater Washington DC area. Frequently Jorge is aware of business about to be put on the market as well.

Jorge's extensive network will help you find the perfect business for your needs.

Contact Jorge today to discuss your plans to sell or buy a business in the Greater Washington DC area.


 

 

 

**Under Contract** A647 Tavern/Biker Bar
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Seller Financing:
Lender Pre-Qualified:
Listing ID: 61017
Office ID:
Status:

Listing Details

Listed Price: $395,000
Down Payment: $300,000
Total Sales: $189,000
SDE: $60,000
EBIT:
EBITDA:
FFE: $75,000 Included? Yes
Real Estate: $395,000 Included? Yes
Inventory: $4,000 Included? Yes
A/R: Included?
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Contact Information
Jorge Portalea
Washington Metro Business Brokers
phone: 240-305-1156
fax: 240-436-6033
Office: 240-305-1156
email: jorge@turningpointrealestate.com
 
 
 
 
Reason for Sale: Health Failing
Training: All the support you will need
Financing Terms: Seller will finance $200,000

Operations

Year Established: 1994
Last Acquired:
Form of Ownership:
Home Based:
Relocatable: No
Type of Location:
Absentee Owner:
Online:
Employees: Full Time: / Part Time:
Managers:
Hours:
Owner Hours:
Non-Owner Payroll:
Franchise Info:

Location

Lease Expire:
Option:
Lease Terms:
Lease Security:
Monthly Rent:
Square Footage:
Facilities:

Summary

Business Description: This business for sale is now under contract with a buyer.
If you were interested in this business, please contact Jorge Portalea (240-305-1156) of Washington Metropolitan Business Brokers. He will be happy to assist you in your search.


This location has three levels: Street level has a store, bar, full restaurant kitchen, and pool tables. Second floor is a night club w/ large bar area, tables and chairs, pool table, dance floor, and band stand. Third floor is a 2 bedroom apartment with a living room ,dining room and full kitchen. Large paved parking lot! Located on US 40 in front of National Park entrance.
Plenty of room for expansion. Has room for convenience store or liquor store. A Must SEE!
Historical Summary:
Owner Qualifications:
Competition: None
Potential Growth: Plenty of property to expand
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