100% Absentee Owned Sports Bar/ Neighborhood Pub

Omaha, NE
Douglas County


Asking Price: Annual Revenue:
$875,000 $1,244,712

Food & Beverage: Restaurants, Fast Food, Deli


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RE: 100% Absentee Owned Sports Bar/ Neighborhood Pub Broker: Jared Olson
Owner Financing is Available!
10% Seller Financing $87,500

Quick Facts

Asking Price: $875,000
Annual Revenue: $1,244,712
Net Profit: Not Disclosed
Cash Flow: $310,514
Total Debt: Not Disclosed
FF&E: $132,704
Real Estate: Not Disclosed
Year Established: 2012
Employees: 22
BBN Listing #: 677834398
Broker Reference #: RST009-H

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Business Overview:

This 100% absentee owned business is offering anyone the opportunity to step into a new entrepreneurial opportunity as it is currently priced to sell with a multiple of less than 3 due to the owner’s need to relocate closer to family! This lowered price offers new ownership the opportunity for a 225% return on investment in the first year! Not only is it priced for accessibility, the business has an excellent staff and chain of command established, a well-renowned local reputation, and a well-traveled and safe location that is large enough to cater to each of its loyal patrons! The 22 person staff consists of 3 full-time managers with the remaining 19 part-time associates controlling the day-to-day restaurant operations. Having been established since 2012, this local bar and grill has been a fan favorite for its diverse repeat client base and has even altered and expanded their menu to listen and better serve their patrons. Currently this business opens their doors to the public at 3PM allowing the happy hour crowd a place to unwind but the owner has noted that there is an opportunity for growth if the new owner extends these hours earlier in the day to allow for a lunch rush.

Priced at $875,000, a 10% down payment of $87,500 returns $197,122 in the first year after debt payments! Excellent and expansive marketing in recent years has led to great success as most weekends are standing room only in their space of over 3,800 square feet. Fear not, this business comes with over $130,000 in assets so that the buyer can continue to handle this high volume of customers. This business has an excellent local reputation and is well known in the area as the place to go for specific pallet cravings.

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Property Features and Assets:

Assets Included in Purchase: $132,704 Furniture & Fixtures: $26,775 Equipment: $105,929 *amounts may vary, assets may be depreciated, replacement cost, or fair market value.

Market Competition and Expansion:

Growth Opportunities: Extend business hours to serve lunch | Start a second location.

Reason for Selling:

Moved to Western Nebraska to be closer to family.

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.

Documents:

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