Sports Bar For Sale - $75,000 Down! Newly Built

Chattanooga, TN
Hamilton County


Asking Price: Annual Revenue:
$149,000 $450,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Sports Bar For Sale - $75,000 Down! Newly Built Broker: Steve Weinbaum
License #: 365512
Owner Financing is Available!
50%

Quick Facts

Asking Price: $149,000
Annual Revenue: $450,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2019
Employees: 14
BBN Listing #: 24258096
Broker Reference #: 6958

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Business Overview:

Chattanooga Tennessee Sports Bar for Sale is newly built amazing space. Owner Spared No Expense Building Out a Six Thousand Square Foot Restaurant and Bar at a Cost Value of Close to $800,000. Owner is willing to Finance up to 50% of the Purchase Price for a Well Qualified and Experienced Buyer.

This sports bar for sale was built by a Chattanooga Tennessee entrepreneur and Builder. He created this amazing venue spending close to $800 Thousand Dollars on the build out and equipment. Circumstances have changed and the Owner wants to sell fast and is will to literally take pennies on the dollar. Additionally, for an experienced and we qualified buyer, the owner will consider $75,000 down and seller finance the balance. Currently only open Tuesday - Saturday for a total of 34 hours. Tremendous Growth Opportunity.

This sports bar for sale offered by We Sell Restaurants is Beautiful. Over 6,000 Square Feet at a rent of $14,000 per month or just under $28 per square foot including all CAMS, Taxes, and Insurance. Seating capacity in the restaurant, bar, and outside is well over 200 patrons with ample parking and easy access. With very little effort or Marketing, this beautiful and newly built Bar for Sale and Restaurant is already generating approximately $10,000 per week in revenue and is only operating five days per week for a total of 34 hours and isn't even open for lunch.

A full time owner operator should be able to double or even triple sales and generate a six figure income. The typical establishment like this is open closer to 80 hours per week. Adding Lunch and Brunch alone will dramatically increase top line revenue. And with this Sports Bar for sale and restaurant located in Chattanooga's "Business District" lunch business should be tremendous.

The build out and equipment are all new and "Top of the Line" at this bar for sale. The kitchen includes a char broiler, smoker, deep fryer, ovens, cook tops, refrigerated prep tables, ice machine, full pizza prep line, warmers, three hoods...and a whole lot more. The main restaurant has an amazing custom built serving area with five ice wells and coolers, five point of sale stations, full beer draft system, leather chairs, booths, tables and more.

Chattanooga is a great place to live and own a sports bar for sale like this one. In addition to local patrons, the city was recently named by the new York Times as "One of the Top 45 Places to Go in the World." And no wonder with a vibrant downtown, world class aquarium, river activities, zoo, museums just to name a few. This sports bar for sale and Restaurant located in Chattanooga's "Business District" lunch business should be tremendous. Don't miss out on this unique opportunity.

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Property Features and Assets:

Kitchen Equipment Charbroiler Cooking Performance Group CBL48 Smoker Deep Fryer Avantco FF518 Ice Machine Manitowos QY130SW Coolers for prep 2 Silverking SKR27A Over with Cooktop Turbo Chef 240v 60H 3 phase Cooktop for prep Intertk Gas Range THRB4 16 foot 4 compartment sink 14 foot CustomeCool make line with sink 4 foot dish dry rack with sink 4 stainless steel prep tables 60 inch 1 small stainless prep table 1 rolling prep cart 1 Cold Table Top make line 1 avanto cold prep line 1 vstar Pizza prep line 1 Cool Tech Pizza prep line 1 Weels Chap warmer 2 Winco hot food warmers 2 Sliverking Cooler I Fisher and Paykel Oven with cooktop 1 Avantco Fryer 1 Small Freeze 1 True double cooler 1 cpg 48 inch grill 1 Eloma Genius T combi oven 1 Blehm Plastics floor mixer 7 wire shelves 6 stainless selves 3 Hoods with fire suppression and Hoodmart control center 5 ice wells for bars 1 Island Oasis for frozen drinks 1 48 inch Avantco Cooler 2 60 inch Avantco Coolers 2 hand dump sink combos 3 drain rack dish storage 5 POS machines with cash drawers printers and credit card pads and touch screenshots 2 leather chairs and 3 leather couches 72 black leather chairs 16 tables with burners inside 5 tables without burners inside 7 outside tables with burners 40 outside chairs 1 large Fans for deck Beer Boss draft system 6 flat screen tvs 24 inch Liquor trees 36 inch liquor tree Various cookware dishes glasses of other misc equipment Overhead sound system with computer and amp Various office furniture and decorative

Market Competition and Expansion:

Add Lunch Add 3rd Party Delivery Marketing Newly Built. Great Growh Potential

Reason for Selling:

Other

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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