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This is priced for a fast sale. It just fell out of escrow. Owner must sell now and we've priced it to sell fast.
Business has been upgraded in the past year, so there is little you need to do other than work the marketing and advertising side of the equation.
This Business has been growing and the latest monthly sales are in the $32,000 range according the owner, making this a nice business. Margins in the pool hall business are high.
So, if you know the billiards business, then you know the margins are high in this business. A good operate can earn $10.000 a month from this volume. Sure the rent is high, but there are 7,200 Sq. Ft. of prime retail end-cap unit space, with fantastic street appeal and visibility, driving those sales to new levels.
No financials to be given at this price. You are welcome to observe the business, but don't ask for numbers.
Business is in process of getting out of the current escrow and Buyer's offer is contingent on cancelation of this escrow, but we won;t that slow down the ABC or landlord process. Let's get this ready for you to take over!
|2014 Total Population||56,708||195,567|
|2010 Number Of Households||20,045||72,888|
|2010 Persons Per Household||2.63||2.51|
|Median House Value||$213,100||$270,978|
|Income Per Household||$54,915||$60,527|
|2009 Number Of Businesses||1,241||4,517|
|2012 Number Of Employees||70,332||160,964|
|2012 Total Annual Payroll||$2,226,328,000||$4,284,927,000|
Notice: The User (that's you reading this) of this Website understands that Paramount Restaurant Brokers, Inc. ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it. In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business. Owning a business is a risky venture, but can also be a rewarding one. The User of this website is solely responsible to examine and investigate the Business and or real estate, its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. Any decision by User to purchase the Business shall be based solely on User's own investigation and that of User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User.