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Business For Sale
SPORTS BAR & GRILLE
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Asking Price: |
$290,000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Restaurants, Fast Food, Deli
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Reason for Selling:
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Commute. |
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Year Established:
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1998 |
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# of Employees:
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6 |
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Yearly Cash Flow:
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$120,931 |
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Yearly Gross Income:
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$400,000 |
Business for Sale Overview:
The restaurant is attractive and clean. There is a full liquor license and Keno. This Bar has two rooms. The first room has eight high top tables and the bar seats 15.There is also a pool table. The second room is open when there is entertainment or there is an event at the DCU Center. There is a bar that seats four, four tables and a stage. There is a full kitchen. The walk-in cooler, walk-in freezer and office are in the basement. The sellers invested $55,000 to update the restaurant last year. They have a DJ Tuesday thru Thursday and live bands on Friday and Saturday. There are three and a half years left on the lease. The landlord has informed me that he will give a new five year lease to a qualified buyer. The gross rent is $2,500 per month. There are 6 employees.
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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