Restaurant Seeking Loan in San Diego, United States

Successful restaurant and nightclub looking to expand from California to Florida.

Established	5-10 year(s)
Employees	50 - 100
Legal Entity	Limited Liability Company (LLC)
Reported Sales	USD 3.2 million
Run Rate Sales	USD 3.1 million
EBITDA Margin	8 %
Industries	Restaurants
Locations	San Diego
Local Time	3:41 PM America / Los Angeles
Listed By	Management Member
Status	Recently Active

7.5 / 10

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Seeking Loan

USD 1.5 million for 7.0% annual interest, 15 years (Native Currency: USD 1,500,000)

Reason: Looking to expand this restaurant and nightclub into a market that needs a large nightclub. Tampa, F... View More

Collateral Available: USD 300 thousand

Name, Phone, Email

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Business Name

Available after connect

User Verification

Business Overview

- 700 average weekly dinner covers for 5 days a week, and 900 average nightclub attendees for 2 days a week.

- Bought this business last year, and the business was established 9 years ago.

- Previous highest net revenue was USD 2.3 million for a year by previous owners. In 8 months of last year, we did 3.2 million in net revenue. This is excluding ticket sales.

- Have partnerships with Coca-Cola, Redbull, Don Julio, Bacardi, and Svedka.

Products & Services Overview

Food & beverage sales.

Ticket sales.

Private events & catering.

Assets Overview

Tangible assets: 2018 Lincoln Navigator, USD 80,000 kitchen equipment, USD 50,000 A/V music production equipment, USD 50,000 liquor inventory.

Intangible assets: a liquor license.

Facilities Overview

Rented property of 7,000 sq ft spread over 1 floor.

USD 16,500 rent w/ USD 3,000 NNN (triple net lease).

Capitalization Overview

USD 100,000 loan from the parent corporation.

Recent Activity

Earlier than 15 days
Houston TX, Houston, Financial Consultant connected with the Business
Earlier than 15 days
Referral Partner, New York, Financial Consultant connected with the Business
Earlier than 15 days
Co-founder, Lewes, Financial Consultant connected with the Business

Tags:

Fine Dine Restaurant Seeking Loan in San Diego, United States

Casual Restaurant Seeking Loan in San Diego, United States

Lend to Fine Dine Restaurant in San Diego, United States

Lend to Casual Restaurant in San Diego, United States

Restaurant Seeking Loan in San Diego, United States

Lend to Restaurant in San Diego, United States

Fine Dine Restaurant Seeking Loan

Casual Restaurant Seeking Loan

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Restaurant Seeking Loan in San Diego, United States

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