Sports Bar

Not Disclosed, OH
Lorain County

Asking Price: Annual Revenue:
$165,000 $807,678

Food & Beverage: Liquor Stores

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RE: Sports Bar Broker: Bill White Jr

Quick Facts

Asking Price: $165,000
Annual Revenue: $807,678
Net Profit: Not Disclosed
Cash Flow: $62,617
Total Debt: Not Disclosed
FF&E: $34,965
Real Estate: Not Disclosed
Year Established: 2013
Employees: 24
BBN Listing #: 71364955
Broker Reference #: 4301-15970

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Business Overview:

Neighborhood Sports Bar with 30 beers on tap! This local favorite features fourteen TVs, a pool table, a party room, Touchtunes Jukebox, and loves it’s trivia events! A great place to watch the game and enjoy a Burger & Fries or some Chicken Wings with any of 19 different wing-sauces. This location has been a well-known neighborhood bar for over 30 years and includes a series of liquor licenses allowing operation 7 days a week until 2:30AM. Like many, this business has had to whether the Covid Storm this year and has done fairly well adjusting their establishment for social distancing and with increased To-Go food preparation. Pre-pandemic, the max occupancy was a hefty 195 people featuring a 72-seat party room, 18 bar stools, 22 tables, and a patio. The decision to sell was made before the pandemic hit as the owner has decided to pursue other business opportunities with his son.

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Property Features and Assets:

5,825 square feet located in a busy strip center with ample parking. Max occupancy 195. 14 TV's, Patio, Pool Table, Video Games, ATM, and 72 Seat Party Room. Rent is approximately $4,600 per month. Assets= $48,965

Reason for Selling:

Other Business Interests.

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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