Neighborhood Bar/Pool and Darts!

Not Disclosed, ID
Canyon County

Near Warehouses


Asking Price: Annual Revenue:
$1,200,000 $205,902

Food & Beverage: Bars, Clubs, Nightspots


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RE: Neighborhood Bar/Pool and Darts! Broker: Gary Spiers
License #: SP26865

Quick Facts

Asking Price: $1,200,000
Annual Revenue: $205,902
Net Profit: Not Disclosed
Cash Flow: $37,006
Total Debt: Not Disclosed
FF&E: $139,000
Real Estate: $850,000
Year Established: 2007
Employees: 5
BBN Listing #: 737045556
Broker Reference #: 1466-101221

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Business Overview:

Neighborhood Bar/Pool/Darts: This business has been in operation for 14 years. The current owner bought it 4 years ago and expanded the building at that time. Owner wishes to sell due to time constraints and to retire. Sales and cash flow numbers are thru August of 2021.

-The building is 4,000 sq. ft. on .70 acres of land with plenty of parking and room to expand. Maybe add a FULL KITCHEN?
-Great place to meet friends for a drink, play pool & darts or even enter one of the tournaments.
The business has a full bar with beer & liquor and 7 Diamond Pro pool tables which are frequently used as they have a huge pool following.
-Great opportunity for a new Buyer to market to the employees of all the warehouses in the area on this high-traffic location. There are also plans to build 2,000 homes in the area.
-Business does little advertising as this established business is well known in the area.
-There are 5 bartenders that operate at the bar which is opened from Noon to 1am., 7 days a week. The owner oversees the operation but is a passive owner who doesn’t work it!
-Cash Flow Numbers for a working owner, less Bookkeeper wages would be: $38,008 for 2019, $35,255 for 2020, and $54,286 for 2021 thru August.
-A new Buyer could promote for private parties and events as well as possibly adding a mobile bar with a liquor license for additional events.

Prospective Buyers must sign a Confidentiality Agreement as well as provide “Proof of Funding”!

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Reason for Selling:

To Retire!

Additional Details:

  • The property is owned.
  • 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.

Documents:

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