Restaurant Seeking Loan in San Diego, USA
Successful restaurant and nightclub looking to expand from California to Florida.
| Established | 10-20 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 | 5:23 AM America / Los Angeles |
| Listed By | Management Member |
| Status | Moderately Active |
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...
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Collateral Available: USD 300 thousand
Name, Phone, Email
Available after connect
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.
- 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
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Earlier than 15 daysArea Manager, Software Development And Ecommerce, Ashburn, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysAcquisition Specialist, Phoenix, Financial Consultant connected with the Business
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Earlier than 15 daysDirector, Real Estate Consultancy And Investment, Lisbon, Corporate Investor / Buyer 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
·Lend to Fine Dine Restaurant
·Lend to Casual Restaurant
·Restaurant Seeking Loan
·Lend to Restaurant
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