Seller's Contact Information
- RE: Sports Bar With Loyal Clientele
- Contact: Larry Halvorson
Quick Facts
| Asking Price: | $312,999 | |
| Annual Revenue: | $814,796 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $154,206 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $117,119 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2004 | |
| Employees: | 11 | |
| BBN Listing #: | 85284955 | |
| Broker Reference #: | 8304-17849 |
Business Overview:
A great opportunity with a well established, very successful Sports Bar. Located in a high traffic area strip center with free and easy parking. This cozy neighborhood Sports Bar serves Beer, Wine, Liquor and Food to a very Loyal Clientele. With continual repeat business, this neighborhood favorite has been very profitable! With approximately 20 years of success and a record year in 2022, the owner is ready to retire.
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Property Features and Assets:
A strategic location in a nice retail strip center with good visibility, including free and ample parking. A large amount of exposure with regular traffic and shopping in the area. Fully equipped kitchen, in very good shape and easy to manage. This is a Turn Key sale... all tables, chairs, bar stools, big screen TV's and other equipment are included. Well over $200,000 invested in FF&E and Leasehold Improvements. Owner will keep his personal pictures & memorabilia. This neighborhood favorite is a great gathering place for game day festivities! Assets = $127,119
Market Competition and Expansion:
With the unique combination of high traffic and the strip center neighborhood location. There is very little competition in the area! This Sports Bar is almost 20 years old, with a very loyal clientele, showing significant growth year after year!
Reason for Selling:
Owner is ready to retire.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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