Business For Sale

Northwest Omaha Neighborhood Bar & Grill

Omaha, NE
Douglas County


Asking Price: Annual Revenue:
$149,500 $531,894

Food & Beverage: Bars, Clubs, Nightspots


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RE: Northwest Omaha Neighborhood Bar & Grill Broker: Cortney Sells

Quick Facts

Asking Price: $149,500
Annual Revenue: $531,894
Net Profit: Not Disclosed
Cash Flow: $63,614
Total Debt: Not Disclosed
FF&E: $58,853
Real Estate: Not Disclosed
Year Established: 1998
Employees: 15
BBN Listing #: 353934398
Broker Reference #: RES053

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Business Overview:

Specials for lunch, happy hour, dinner and late night crowds welcome established and new customers at this attractive and very clean establishment with $244,000 in build-out! Amenities include a huge outdoor patio, 23 flat screen TVs, full security system, pool table, keno, party room, great happy hour specials and carry out pizza.

Located in Northwest Omaha just off I-680, sales are divided as 17% at lunch, 22% at happy hour, 29% during dinner and 32% with late night crowds. Friendly and reliable customer service by tenured staff creates the neighborly atmosphere that patrons have appreciated for 18 years with reviews to prove it.

Regular entertainment and events include acoustic Wednesdays, Husker parties, costume contests and golf outings. A full menu provides specials such as wraps and sandwiches, appetizers, wings, tacos and burgers. Carry-out pizza is also available.

With 15 years of operations, the original owner profited $154,000 after taxes. The current owner runs the business mostly absentee. An owner-operator could increase cash flow by being more active in neighborhood activities. This location has proven success!

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Property Features and Assets:

Location: Northwest Omaha off I-680 Building Lease: $3,575/month for 3,500 square feet facility Hours: 11am-2am daily; kitchen open until 10pm, Happy Hour M-F 3pm-6pm

Market Competition and Expansion:

Owner-Operator could capitalize on neighborhood regulars and becoming more active in the local community

Reason for Selling:

Seller owns multiple bars

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.

Documents:

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