Owner Financing is Available!
Business Overview:
Price reduced...wants to sell as he owns too many other businesses. This building has been totally renovated to create an awesome sports complex/restaurant and bar. This is a turn-key operation. Business contains an american cafe, high tech bar, tiki bar, both inside and outside have band stands for entertainment year round. There is a outdoor volleyball court which has leagues at least 2 nights a week, as well as, Harley Poker Runs. The tiki bar is located through sliding glass doors that open out ot a huge patio. This is great for the new smoking laws that have taken effect. There are also temporary doors that go in for the tiki bar so it can be made a smoking area, if necessary. There are also horseshoe pits which also run leagues through various nights of the week. There are 2 apartments, one located below and one located above the restaurant. Owner collects almost $1000/month rent for additional income. The restaurant is open every day for breakfast, lunch and dinner. Carry-outs are always welcome. A new owner might consider adding delivery to generate additional revenue. This entire business is all located on 4.61 acres, so there is plenty of opportunity to expand. This acreage is residential or commercial...possibly build a baseball diamond for leagues. All equipment is included in the sale and it is all new as this was just remodeled in 2008. This is an exceptional, well-thought out and designed by the current seller who has over 31 years in the bar/grill industry. Current owner owns too many other businesses and does not have the time or energy to dedicate to this business. Business is run with absentee owner, so payroll can be cut in half with a owner-operator. Owner is willing to provide seller financing, the amount depends on the structure of the deal. Sales on track for 2010 to do $600,000. Nice opportunity you must see!
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:
This building has been totally renovated. Stripped down and looks fabulous. Over 6,000 square feet to this business. Inside includes a restaurant and large bar with band stand. Outside include huge patio, tiki bar, volleyball court, horseshoe pits. There are also 2 apartments that generate extra income for a new owner. This is truly a must see!
Market Competition and Expansion:
There isn't anything like this place nearby. This has been newly designed to incorporate the new smoking laws as well. Great design. 2010 sales in the bar area were at over $400k, this does not include the Cafe.
Reason for Selling:
Time Constraints
Additional Details:
- The property is owned.
- 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.