Owner Financing is Available!
Business Overview:
This is a very successful business that is doing great numbers and cash flow. Located in NW Metro, it is the most popular bar and restaurant in the area! Known for their great food and happy hours they do most of their business during Lunch, Dinner and happy hour . The place is beautiful inside and out including granite bar counter tops and a great kitchen.
The owner has many years of experience in the food and beverage industry and has refined the numbers to where it is very profitable. He is currently absentee and has 3 salaried managers. This is an absolute turn key operation. Sales are up 33.63% in July 2011 compared to July 2010 * Labor cost at 24.38% * Food cost are at 27% * Pull Tabs are very popular * Large Outdoor patio.
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:
4,600 square feet Lease: $7,400/month includes CAM
Market Competition and Expansion:
Sports Bar is located in a new mall that is 100% occupied. Being a very popular mall it is anchored by a franchised grocery store, Caribou Coffee, Verizon and more. It is a very busy mall with lots of traffic. Bar is currently making the majority of their revenue from 11am to 8pm. Marketing the evening hours and possibly adding late night entertainment would increase revenue. Supporting local sports teams is another good way to increase volume and revenue.
Reason for Selling:
Downsizing - Absentee Owner
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.
Resources: