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Business For Sale
SPORTS BAR/GAMING/RESTAURANT
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Asking Price: |
$1,650,000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Bars, Clubs, Nightspots
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Reason for Selling:
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Going into commercial development. |
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Year Established:
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2003 |
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# of Employees:
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9FT/14PT |
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Yearly Net Profit:
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$546,545 |
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Yearly Gross Income:
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$1,459,000 |
Business for Sale Overview:
The price has been reduced from $1,800,000 to $1,650,000. All written offers will be considered. This is a well established high volume tavern, restaurant, & sports bar. Sports, sports, sports! mammoth TV's everywhere- seats and eats for all. Great set up. The seller advises that the value of the fixtures & equipment is $750,000. The cost of the tenant improvements was $100,000. Fan-atically loyal client base. 15 slots, well equipped kitchen, and a banquet/events room. Included in the sale is sports memorabilia. Steady & documented high gaming revenue numbers. Additional information will be provided to serious qualified buyers. The business owner who is also the property owner would consider selling the property.
Property Features and Assets:
7,000+/- Sq ft. Shows well. $100,000 in tenant improvements. Open 7/24. Located in a high demographic populated area. The seller is also the property owner. Lease terms to be discussed.
Market Competition and Expansion:
Great location on a heavily traveled major east-west roadway. NV DOT stats; 62,500 vehicles per day. Limited competition in the immediate area. Additional products and services can readily be added.
Additional Details:
- The property is owned.
- 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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