Bar Seeking Loan in Philadelphia, USA
Seeking funds to acquire a multicultural bar and lounge serving urban Philadelphia.
| Established | 5-10 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Limited Liability Partnership (LLP) |
| Reported Sales | USD 100 thousand |
| Run Rate Sales | USD 120 thousand |
| EBITDA Margin | 18 % |
| Industries | Restaurants + 1 more |
| Locations | Philadelphia |
| Local Time | 1:12 PM America / Kentucky / Louisville |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
150 thousand
for
8.0%
annual interest,
3
years
(Native Currency: USD 150,000)
Reason: - We are seeking funds to acquire the bar.
- Physical assets and sales figures mentioned are for th...
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Collateral Available: USD 150 thousand
Includes physical assets worth
USD
200 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business EIN Certificate
(13.7 KB)
Business Overview
- Small business owner plans to purchase a bar and restaurant in Philadelphia.
- Restaurant also owns skill machines and arcade games.
- This business is growing in the urban community with substantial growth opportunities to expand.
- The owner is well experienced having operated nightclubs and bars for 10 years.
- The business has a following of 3,000 people with a contact list.
- Facility can accommodate around 30 customers.
- Restaurant also owns skill machines and arcade games.
- This business is growing in the urban community with substantial growth opportunities to expand.
- The owner is well experienced having operated nightclubs and bars for 10 years.
- The business has a following of 3,000 people with a contact list.
- Facility can accommodate around 30 customers.
Products & Services Overview
Restaurant sells food, alcohol and has Pennsylvania skill machines and arcade games.
Assets Overview
The business owns all furniture, fixtures and electronics and inventory. Total asset value is USD 200,000 and this will be transferred with the purchase of the restaurant.
Facilities Overview
Rented property of 2,800 sqft in a building with 2 floor. USD 2,000 per month leased rent.
Capitalization Overview
There is no debt to the business. Single person owns 100% of the business.
Recent Activity
-
Earlier than 15 daysCEO, Miami, Financial Consultant connected with the Business
-
Earlier than 15 daysDirector, New York City, Financial Consultant connected with the Business
Tags:
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·Lend to Fine Dine Restaurant in Philadelphia, United States
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·Bar License Seeking Loan in Philadelphia, United States
·Sports Bar Seeking Loan in Philadelphia, United States
·Restaurant Seeking Loan in Philadelphia, United States
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·Tavern Seeking Loan in Philadelphia, United States
·Lend to Bar License in Philadelphia, United States
·Lend to Sports Bar in Philadelphia, United States
·Lend to Restaurant in Philadelphia, United States
·Lend to Beach Bar in Philadelphia, United States
·Bar Seeking Loan in Philadelphia, United States
·Pub Seeking Loan in Philadelphia, United States
·Lend to Tavern in Philadelphia, United States
·Fine Dine Restaurant Seeking Loan in Philly
·Lend to Bar in Philadelphia, United States
·Lend to Pub in Philadelphia, United States
·Casual Restaurant Seeking Loan in Philly
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