Owner Financing is Available!
Business Overview:
Profitable Sports Bar & Nightclub with Live Music. The sales for this business are 100% alcohol and have a cash flow of $150,000; best of all it is run completely absentee. They have the area’s best live entertainment every Friday and Saturday night. They have numerous hi-def TV’s to watch your favorite teams. They also host many week day activities including Bar Pong night, free pool tournaments and trivia nights. The partners have grown sales and profit over the past few years and are ready to move on to a bigger project. The bottom line could be grown dramatically with Operators who take an active role in the business.
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:
FACILITY: This is a 4,500 sq. ft. facility with two bars a large stage and open gaming areas. CONDITION: The building and Bar are in good condition. PARKING: Private lot for the plaza, large public lots adjacent to the Bar plus on street parking. EQUIPMENT: The equipment is in good working order. LEASE TERM: Seven (7) year lease with one Ten (10) year option. BASE RENT: $5,100 per month (which includes the triple nets). CAPACITY: 197 person. HOURS: 5:00 PM – 2:00 AM. LICENSES: Full Liquor License & Full Entertainment License with Live music. SALES: $725,000 per year.
Additional Details:
- The property is leased.
- The owner is not willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
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