6.1 / 10
 San Diego

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

Key Business Facts
Yearly Sales USD 3.1 million
EBIDTA Margin 8 %
Industries Restaurants
Locations  San Diego
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.
Capitalization Overview
USD 100,000 loan from the parent corporation.
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.
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
In talks with 3 Investors
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