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- RE: Established And Successful Sports Bar And Grill
- Contact: Phil Goatley
Quick Facts
Asking Price: | $699,000 | |
Annual Revenue: | $657,547 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $51,149 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2017 | |
Employees: | 8 | |
BBN Listing #: | 986539 | |
Broker Reference #: | 60366-154404 |
Business Overview:
Well established sports bar and grill with great online reviews and loyal clientele. Warm and welcoming design. Offers burgers, sandwiches, other bar food, beer on tap, cocktails, etc. It has 27 TVs that enable extensive sports viewing, billiards, and darts. Also offers in house off track betting! It has a #6 liquor license that is estimated to have a market value of approximately $65,000.
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Property Features and Assets:
The bar has been in this location for the last 30 years, and has established a presence under the current name and owner for the last seven and a half. It is very well established and known in the area as the only sports bar. With over 700 great reviews online, it has grown a reputation as a great place to eat, drink, watch the games and place bets.
5700 square feet with full bar setup, billiards, and darts. 27 TVs.
New kitchen equipment replaced recently. 4 of the 5 A.C. units and the walk in cooler have also been replaced recently. They are all still under warranty.
Market Competition and Expansion:
The business has an opportunity to grow more by further developing its online and social media presence as it only has a Facebook page currently. The business has fantastic reviews online, with over 700 reviews on the business when it's searched on search engines. Focusing on online marketing and capitalizing on the great online reviews would draw a lot more attention and customers to the business.
There are no other sports bars in the area or nearby, so that gives the bar a great advantage in terms of location and niche. There are two other bars within 2 miles but neither of them is a sports bar and are focused on a different market niche.
Reason for Selling:
retiringAdditional 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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