Three Sports Bar Locations In North Alabama

Gadsden, AL Etowah County

Three seperate locations in different cities.

Asking Price: $1,000,000

Annual Revenue: $2,495,000

Food & Beverage: Restaurants, Fast Food, Deli

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Three Sports Bar Locations in North Alabama

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RE: Three Sports Bar Locations In North Alabama
Contact: Gene Townley

Owner Financing is Available!

Quick Facts

	Asking Price:	$1,000,000
	Annual Revenue:	$2,495,000
	Net Profit:	Not Disclosed
	Cash Flow:	$378,000
	Total Debt:	Not Disclosed
	FF&E:	$550,000
	Real Estate:	Not Disclosed
	Year Established:	2000
	Employees:	30
	BBN Listing #:	542463250
	Broker Reference #:	4-4

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Business Overview:

Buy a well established and well known icon
Very well established customer base. The price includes all 3 locations. This business produces a lot of cash which needs to be discussed with owner. They serve a variety of food consisting of wings, bbq, burgers and more. Great beer selection with full bar. They host live music and have tvs throughout for viewing sporting events. Has a friendly staff and is a great place for any size groups to gather. Seller is open to seller financing.

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Property Features and Assets:

Inventory is included in asking price and valued at 100,000. Please keep in mind that inventory in the restaurant business is in constant flux. The business comes with 3 separate locations throughout north east Alabama. They come with over $550k of FFE. All 3 are completely functional and printing cash.

Market Competition and Expansion:

Owner is not very involved. The staffs run these. He will stay on for a 30 -60 day transition if needed. Meanwhile, a new owner could probably find new ways to increase revenue.

Reason for Selling:

Changing Careers

Additional Details:

The property is owned.
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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