Business for sale at www.bizbrokersfl.com: Recreation|Billiard Parlor

PROFILE 417-35010249

Location:	West Miami	Recreation\|Billiard Parlor
Sales Price:	$2,500,000	Down Payment: $1,500,000

Executive Summary

THIS IS IT !! BY FAR ONE OF THE FINEST AND REPUTABLE BILLIARD PARLOR/ SPORTS BAR ESTABLISHMENT IN MIAMI. 21 YEARS WITH THE SAME OWNER. ONCE IN A LIFETIME OPPORTUNITY. 29 POOL TABLES, LARGE BAR AREA. COMPLETE TURNKEY BUSINESS OPPORTUNITY. 4 COP LICENSE IN PLACE. PLENTY OF PARKING. RIGHT ACROSS FOR UNIVERSITY. GREAT VISIBILITY. OWNER WILL TRAIN AND SUPPORT NEW BUYERS. SOLD AS 'ASSET SALE', BUT BUSINESS IN OPEN AND IN FULL OPERATION. LOCATED IN BUSY SHOPPING CENTER.

Business Synopsis
Business Format:	Corporation	Facilities:	Shopping Center
Established in:	1989	Square Footage:	12500
Years Owned:	21	Lease Expires:	10/13/2016
Employees:	3 FT, 7 PT	Monthly Rental Expense:	$24,500
Reason for Sale:	Retirement
Skills Required	General managment
Training Provided:	2 weeks

Asset Information (estimated fair market value)
Inventory:	$10,000	Not Included
Leasehold Improvements:	$2,000,000	Included
Furniture, Fixtures & Equipment:	$500,000	Included
Total Assets Included in Sale:	$2,500,000

Operating History

	Financial Source
	Gross Sales
	Gross Profit
	Discretionary Earnings *
* Recasting provides an economic view of the Business, allowing meaningful comparison with other investment opportunities.

DISCLAIMER: All information contained in this document has been provided by the subject company or its shareholder(s), and while believed to be correct, has not been verified. Accordingly, we make no representations or warranties as to the accuracy or truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this information.

COLLINS & COLLINS INVESTMENTS
801 BRICKELL AVENUE
MIAMI, FL 33131-2945