Business For Sale

Bar with Kitchen in Chalco Area

La Vista, NE
Sarpy County


Asking Price: Annual Revenue:
$139,000 $330,451

Food & Beverage: Bars, Clubs, Nightspots


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RE: Bar with Kitchen in Chalco Area Broker: Cortney Sells
Owner Financing is Available!
20% of purchase price.

Quick Facts

Asking Price: $139,000
Annual Revenue: $330,451
Net Profit: Not Disclosed
Cash Flow: $59,480
Total Debt: Not Disclosed
FF&E: $31,700
Real Estate: Not Disclosed
Year Established: 2008
Employees: 7
BBN Listing #: 54434398
Broker Reference #: RES078

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Business Overview:

With continual development in the area, this bar and grill is in the prime location for success! When it comes to the developing areas in Omaha, this is one to watch. The neighboring $200MM project will bring apartment complexes, 300,000 squae feet of office space and neighborhood retail and an amphitheater in close proximity to this retail hot spot. Sporting a unique theme that lures in a mix of consistent locals and fresh out of town visitors, the bar hosts competitive dart leagues throughout the week, Keno and karaoke on the weekends to keep the place busy.

This business has been open for 9 years and has a capacity of 105 patrons. They recently added a cozy fenced in patio with wind protection for smokers. There are two full time bartenders/ servers and five part-time servers/bartenders that take care of the customers. The lease is $4,635 per month for 2,500 square feet. Selling the business as a part of a planned retirement strategy, the current owner is responsible for cleaning, inventory management, vendor relations, bookkeeping, bank deposits and payroll. There are growth opportunities in advertising on social media, establishing B2B relationships with nearby businesses and other forms of low cost or free advertising.

Business Information
Years in Business: 9
Location and Service Area: Prime expanding retail location in South Metropolitan Omaha Area
Capacity: 105
Reason for Selling: Planned retirement strategy
Employees: 2 FT Bartenders/Servers/Keno Writers and 5 PT Servers/Bartenders
Hours: Bar -11am-2am Mon-Fri, 2pm-2am Sat & Sun
Grill – 11am-2pm & 4:30-10pm Mon-Fri, 2:30pm– 10pm Sat & Sun
Seller Training Period: 90 Days
Growth Opportunities: Social Media, B2B marketing with nearby businesses, advertising
Current Owner’s Responsibilities: Cleaning, inventory, management, vendor relations, bookkeeping, bank deposits, payroll.

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Property Features and Assets:

Equipment: Walk-in Freezer/Fridge $18,000, kitchen hood $13,700, dishwasher, misc furniture, fixtures & equipment; Intangible Assets: Website; Build-out: $180,000; Inventory: $8,000.

Market Competition and Expansion:

Growth Opportunities: Social Media, B2B marketing with nearby businesses, advertising.

Reason for Selling:

Retirement

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:

Relevant Links:

Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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