Business For Sale

Well-Established Pool Hall & Bar

Burlington, NC

Asking Price: Annual Revenue:
$299,000 $388,116

Recreation: Entertainment

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RE: Well-Established Pool Hall & Bar Broker: Hesham Elabbasy

Quick Facts

Asking Price: $299,000
Annual Revenue: $388,116
Net Profit: Not Disclosed
Cash Flow: $102,528
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 123351569
Broker Reference #: RL00053

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Business Overview:

-A well-established neighborhood Pool hall & Bar in a busy, visible Burlington area.
-Free standing Building with 10,000 SF and plenty of parking spaces.
-Very competitive and affordable rent with 5 years left on the current lease.
-Building has 12 pool tables, State of the art live bar and a separate live music band hall.
-Pool hall can accommodate 321 guests in the pool room & 130 guests in the party room plus a great out door patio with mini golf for more entertaining.
-Currently has 8,000 memberships with the potential for more. Great reputation and excellent online reviews.
-Currently does not serve food, however a 900 Square Feet storage room can be converted to a full size kitchen which will open up a huge income stream.
-5 Full-time bartenders and 2 doormen.
-Business holds $6,000 inventory that is included in the sale.
-Current owner has been in the same business for 13 successful years and is ready to retire.
-Current lease expires in 2024 and has a very flexible landlord.
-Near Elon University with nearly 6,800 students.
-Owner will provide reasonable training. 

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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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