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Business For Sale
SPORTS BAR & GRILL
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Asking Price: |
$400,000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Bars, Clubs, Nightspots
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Year Established:
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1994 |
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Yearly Revenues:
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$811,412 |
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Yearly Cash Flow:
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$164,229 |
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Yearly Gross Income:
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$811,412 |
Business for Sale Overview:
Established and well known bar and eatery catering to the needs of its loyal repeat sports minded customer base. Originated in 1994 and has been owned by the present business owner since 1997. The business offers full bar service, appetizers, and a variety of sandwich and specialty menu offerings. The active sports bar has twenty six televisions, including five large format televisions offering fifteen sports channels and affords patrons the opportunity to view the broadest variety of sporting events. Additionally, the business has an active entertainment schedule to include Karaoke Nights, dancing, live bands, broadcasts of premier sporting events, food and drink specials and more. Every sports patron from the pool players to the football, baseball, basketball, NASCAR, golf, boxing fan etc. has an opportunity to enjoy the neighborhood atmosphere.
The business to include all furniture, fixtures, equipment (per attached list), $8,000 of product inventory, trade name, covenant not to compete and training is offered for the sales price $400,000. Seller financing is available with a down payment of $200,000.
Property Features and Assets:
This location affords easy access and great parking for the businesses customers. It occupies approximately 4,887 +/- square feet of leased space.
Market Competition and Expansion:
The business has an established customer base and is well known as one of the best sports bars in the area.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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