Business Overview:
With over $800,000 in annual revenue, a significant marketing presence, and a full staff in place, this West Omaha bar & grill is a perfect opportunity to acquire! This restaurant (in operation since 2012) prides itself on providing top-of-the-line gourmet bar food to local customers while also hosting a large amount of craft beers on tap brewed locally and in surrounding states. Marketing efforts in recent years have been so successful that most weekends prove to be standing room only! Sales are roughly split between dining (40%) and alcohol (60%). The business’ lease is current at $6,136 per month, with room to seat 100 on the inside and 45 on the outside patio area.
Key opportunities for growth include expanding business to accommodate the local lunch rush (for which new staff could be hired on) and potentially opening a second location to meet local demand. With a staff of 17 PT and 3 FT, the current owner handles bank deposits, social media marketing, as well as daily errands.
Priced at $1,150,000, a 15% down payment of $172,500 returns $165,554 in the first year after debt payments. With a prime location in Omaha and a growing customer base, this is not an opportunity to miss out on!
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Property Features and Assets:
Lease: $6,136/month | 3,168 square feet (inside) | 640 square feet (patio).
Market Competition and Expansion:
Growth Opportunities: Extend business hours to serve lunch | Start a second location.
Reason for Selling:
Pursuing other interests.
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.
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