Sports Pub Grill & Taphouse
Not Disclosed, OH Lorain County
Seller's Contact Information
- RE: Sports Pub Grill & Taphouse
- Contact: Michael Carrozza
Quick Facts
| Asking Price: | $190,000 | |
| Annual Revenue: | $606,308 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $94,913 | |
| Total Debt: | Not Disclosed | |
| FF&E: | 73,142 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2001 | |
| Employees: | 12 | |
| BBN Listing #: | 21994955 | |
| Broker Reference #: | 4306-15270 |
Business Overview:
This SPORTS PUB GRILLE & TAPHOUSE features 30 micros, imports, domestics & ciders. ***Sports betting coming soon!!***
This business was originally started in 2001, has an excellent location with high visibility and no direct competition. This sports pub grille & taphouse is situated in a downtown area that people visit regularly to hang out with friends. The area has seen significant investment and renovation with a fresh and newly developed downtown. This location is adjacent to the newly developed area.
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Property Features and Assets:
This facility is a 6,100 square foot (open floor plan) freestanding corner building. The property is for sale and includes an additional income producing property. The property is listed with Beau Quest Realty for the price of $250,000. Assets = $260,008.
Market Competition and Expansion:
No local competition. Closest direct competition 12 miles away. Substantial investment in downtown revitalization offering more jobs and activities.
Reason for Selling:
Owners would like to retire and relocate.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
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