Price: $1,000,000
Location: Grand Rapids, MI
Industry: Bar
Listing ID: gr2311
Status: Inactive
Listing Description
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Maecenas fermentum augue a nulla ornare, sed placerat nibh tempus. Aenean euismod libero sit amet lorem ornare gravida vel at augue. Nam ultricies eros lectus, at interdum ipsum sodales quis. Morbi fringilla sodales enim, in dignissim turpis auctor id. Integer iaculis gravida massa sit amet pulvinar. Nulla molestie, mi eu porttitor posuere, arcu odio vehicula nulla, nec blandit nisi dolor quis felis. Morbi porttitor lobortis risus sit amet pellentesque. Aliquam tristique, urna posuere facilisis rhoncus, magna turpis viverra sem, vestibulum blandit lacus nisl at risus. Mauris nulla ipsum, gravida a gravida id, tincidunt non orci. Duis ac leo metus. Integer pretium aliquet sagittis. Etiam dolor urna, vehicula sed dolor eu, bibendum tempor lacus. Fusce malesuada semper auctor.
Praesent quis consectetur odio. Morbi sagittis lorem at aliquam consectetur. Donec pharetra commodo leo. Fusce sit amet rutrum neque, lacinia mattis elit. Proin fringilla sagittis vehicula. Integer orci purus, tristique eget enim id, hendrerit facilisis quam. Ut eget lacinia eros, eget dignissim ante.
Praesent quis arcu magna. In lacus enim, sollicitudin vitae tristique a, viverra ac felis. Integer quis consequat ipsum. Fusce tempus, magna lobortis tristique egestas, sem ligula hendrerit turpis, non vulputate sem dolor vitae felis. Nulla vitae porta neque. Vestibulum lacinia pulvinar leo vitae sagittis. Vivamus aliquam arcu id nulla sodales commodo sed ac lorem. Quisque vehicula, turpis quis rutrum consectetur, diam metus maximus diam, in ullamcorper sapien nunc facilisis erat. Sed molestie purus eget magna laoreet, pharetra molestie erat commodo. Quisque convallis luctus dolor, quis sollicitudin nibh sodales id. Aenean consectetur tortor sollicitudin venenatis rutrum. In vestibulum feugiat nunc, ut luctus metus maximus id. Nunc nec lorem tortor. Aliquam eu sagittis leo.
Listing Details
Down Payment: $1,240,000
Total Sales: $1,230,000
Cash Flow: $2,424,000
EBIT: $232,000
EBITDA: $234,200
Accounts Receivable: $10,099 (Included in Price)
FFE: $53,300 (Included in Price)
Inventory: $645,000 (Included in Price)
Real Estate: $250,000 (Included in Price)
Lender Pre-Qualified?: Yes
Franchise?: Yes
Franchise Information:
Pub Franchise
Terms and Conditions?:
Lorem ipsum dolor sit amet, consectetur adipiscing elit.
Reason For Sale:
Lorem ipsum dolor sit amet, consectetur adipiscing elit.
Training & Support:
Lorem ipsum dolor sit amet, consectetur adipiscing elit.
Operation
Year Established: 1990
Year of Last Acquisition: 1998
Days & Hours of Operation: M-F 9-5PM
Owner Hours Per Week: 40
Non-Owner Payroll: $45,000
Employees: 5
Managers: 1
Absentee Owner?: Yes
Location
Security on Lease: $3000
Lease Option: Lorem ipsum dolor sit amet, consectetur adipiscing elit.
Monthly Rent: $5000
Type of Location: Stand Alone
Square Footage: 5000 sq. ft
Relocatable?: Yes
Facilities Information:
Lorem ipsum dolor sit amet, consectetur adipiscing elit.
Summary
Historical Summary:
Lorem ipsum dolor sit amet, consectetur adipiscing elit.
Owner Qualifications:
Lorem ipsum dolor sit amet, consectetur adipiscing elit.
Competition:
Lorem ipsum dolor sit amet, consectetur adipiscing elit.
Potential Growth:
Lorem ipsum dolor sit amet, consectetur adipiscing elit.
Financing/Terms:
Lorem ipsum dolor sit amet, consectetur adipiscing elit.