Locals Favorite Sports Bar with Record Revenue

Basalt, CO
Eagle County


Asking Price: Annual Revenue:
$149,000 $415,090

Food & Beverage: Bars, Clubs, Nightspots


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RE: Locals Favorite Sports Bar with Record Revenue Broker: Charles Spickert, CBI
Owner Financing is Available!
The Seller will entertain offers of varying financial and legal structures.

Quick Facts

Asking Price: $149,000
Annual Revenue: $415,090
Net Profit: Not Disclosed
Cash Flow: $72,000
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 1995
Employees: 7
BBN Listing #: 173313411
Broker Reference #: 201927

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Business Overview:

Opportunity to own one of the most well-known and longest running bars in town, with a rich history and loyal clientele! Pool tables, arcade games, big screen TV’s and kitchen with pizza oven. Sales are growing and 2021 was a record year. If you are looking for a streamlined operation where you do not need to re-invent the wheel and you have strong local support this could be the best deal you find. The company received a long-term government assistance loan which may be assumable for a qualifying buyer. Potential buyers will be asked to complete buyer registration, sign a non-disclosure, interview with broker and provide evidence of the resources to complete a transaction of this size before additional confidential information will be provided.

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Property Features and Assets:

3,335 square feet of leased space with signage visible from busy Highway 82.

Market Competition and Expansion:

Competition: Location with little competition, other restaurants, have bar seating, but no other local sports bar with pool tables and pub menu. Growth and Expansion: Growth could come from expanding social media advertising, adding more live music events, being open for lunch and/or doing more outside catering.

Reason for Selling:

Retirement

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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