Business For Sale

Sports Bar-Unique,High Tech, and Profitable!

Austin, TX
Hays County


Asking Price: Annual Revenue:
$500,000 $1,293,572

Food & Beverage: Bars, Clubs, Nightspots


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RE: Sports Bar-Unique,High Tech, and Profitable! Broker: Paul D. Von Vogt

Quick Facts

Asking Price: $500,000
Annual Revenue: $1,293,572
Net Profit: Not Disclosed
Cash Flow: $217,339
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: 2009
Employees: 18
BBN Listing #: 43289267
Broker Reference #: Not Disclosed

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Business Overview:

We are pleased to make this unique and very special offering for this spectacular opportunity in the Hospitality Industry. This business is already Pre-Approved for SBA Financing! Our client is a well-established Sports Bar and Restaurant located in Austin Texas. The owner’s vision was to create a true neighborhood bar with numerous events and capabilities that would enhance the community spirit of the immediate neighborhoods. Along with a great selection of draft beers, it was extremely important to develop a food menu made exclusively of freshly cooked food made from scratch in the kitchen. The owner also insisted that the kitchen be available all the way to closing time at 2 AM. Their reviews on Yelp and Google confirm their outstanding reputation in the community. The final result has created the perfect destination sports bar/restaurant that has something for everybody. Indeed, this facility has it all. They have invested heavily in a State-of-the-Art audio and video system for boundless capability and flexibility that can even be set to allow customers direct access to the system. This has allowed the events to expand from regular watch parties for sports, to customer controlled video parties and high tech meetings, with live streaming capabilities. Numerous screens and five independent audio zones guarantee there is not a bad seat in the house. This has allowed the establishment to manage multiple events simultaneously. It has also allowed the establishment to manage its many house teams for college and professional football simultaneously without conflict. But it doesn’t stop there. The location has established itself as a hot spot for late night comedians, software programmers, game developers and artists, all gathering for specific meetings that repeat on a weekly or monthly cycle. For a new owner, the management system has been set up to provide the best oversight and control possible. The latest POS system with 5 stations, make sure there is no lag time in sending orders to the bar or kitchen. The facility has a video security system monitoring the whole operation, including the POS stations. Inventory is held extremely tight through a system of daily recordings and draft beer waste is virtually eliminated by the cloud based real time flow monitors that report directly to the owners.
A major component is the clientele and the customer experience. The owners have been very diligent in hiring very personable, trustworthy and fun staff. They have also been diligent in ensuring the customers enjoy their visit and feel like part of the neighborhood community.

Marketing has been enhanced by an exceptional website keeping everyone informed of upcoming events. It also provides up to date beer list, food menu, and allows customers to reserve spaces and even submit two types of employment applications. When live streaming, the main page will convert to the Live Stream.

The location has excellent dynamic signage on one of the busiest stretches of roadway in Austin (car counts greater than 150,000 per day according to TxDot).

This company has great books and records. Individuals already in the Industry or for those aspiring to get into this exciting line of business owe it to themselves to get the details. Contact us today!

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Property Features and Assets:

Assets: FF&E: …..$100,000 Inventory: Variable at $25,000 Facilities: Inside Dimensions: Approximately 4,000 Square Feet Outside: Covered Patio Space (approximately 1,100 Square Feet)

Market Competition and Expansion:

History: The current owner opened the establishment in 2009, switching fields from another industry. Due to careful planning and a unique vision, this establishment has been successful from the get go and has developed an ever expanding reputation. Marketing Strategy: The mission of this company has been to create a destination sports bar and restaurant with a comfortable neighborhood feel, but at the same time outfit it with diversified and strategic marketing features for expanded revenue streams and a wider audience. The success of the business model in all these arenas speaks for itself. Competition: Again, the success of the diversified business model differentiates this sports bar from the competition and has created its own footprint and brand.

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • 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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