Business for Sale Overview:
New Sports Bar & Grill with tremendous growth potential. This recently converted space is a natural fit with all of the elements needed to succeed. The location boasts a large kitchen and outdoor seating. The business has enjoyed success with no advertising/marketing and limited hours of operation. The Full Liquor & Entertainment licenses will enable an experienced Operator to grow sales dramatically.
Licenses: Full Liquor & Entertainment Licenses (Live Music & DJ)
Sales: Approximately $470,000 per year (with limited hours of operation)
Cash Flow: Approximately $52,000 per year (with limited hours of operation)
Price: $350,000 or Best Offer.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
The space is approximately 2,500 square feet; The facility has a functional layout that consists of a long bar and open floor plan. The dinning room contains 60 seats inside with an additional 40 patio seats outside.
Condition: The building and restaurant are in very good condition.
Parking: Plenty of Parking
Equipment: The equipment has been well maintained and is of good quality.
Lease Term: Five (5) year lease with two Five (5) year options.
Base Rent:$3,750 per month
Concept: Sports Bar & Grill
Seating: 60 seats inside with 40 patio seats outside
Hours: 11:00AM –10:00PM (1:00 AM License).
Reason for Selling:
Other Interests
Additional Details:
- The property is leased.
- The owner is willing to train/assist 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.