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- RE: Highly Profitable Restaurant/Bar With Prime Venue
- Contact: Steve Steenson
Quick Facts
Asking Price: | $1,595,000 | |
Annual Revenue: | $2,519,090 | |
Net Profit: | $551,809 | |
Cash Flow: | $551,809 | |
Total Debt: | Not Disclosed | |
FF&E: | $200,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1994 | |
Employees: | 38 | |
BBN Listing #: | 989205 | |
Broker Reference #: | L-2483 |
Business Overview:
Don’t miss out on this rare opportunity to own a thriving restaurant and bar in a highly coveted location, which offers a revolving door of customers and heavy foot traffic! This restaurant has an excellent reputation, strong customer base, and great numbers, making it a perfect acquisition.
This restaurant and bar is the ultimate spot for both locals and visitors. It is styled as a classic Sports Bar, offering pub style food, over 200 craft beers, and an unparalleled location and atmosphere. It is perfectly outfitted for games and events with dynamic indoor/outdoor entertaining space including multiple patios and decks. The venue offers live music, private parties, and gatherings, and it is notorious in the area for hosting popular events for a variety of occasions.
This restaurant doesn’t see a dull moment, seamlessly transitioning from daytime sports pub to a popular nighttime club/bar. To top it off, this restaurant is located in a highly sought-after area, which positioned itself at the center of an extremely lively and active community. The real property, which is considered a “Trophy Property”, can be purchased with the business.
To top it off, this restaurant is located in a highly sought-after area, which positioned itself at the center of an extremely lively and active community. This restaurant doesn’t see a dull moment, seamlessly transitioning from daytime sports pub to a popular nighttime club/bar.
This restaurant could be a fit for a variety of buyers. Here are a few acquisition candidates that this opportunity is perfect for:
Because of this restaurants well-recognized and established brand, a strategic purchaser within a similar industry can maintain the current management team and expand their footprint into Southern Arizona, all while creating additional efficiencies and economies of scale.
An enthusiastic and driven entrepreneur with strong experience in the restaurant industry, can take the reins of this restaurant by overseeing the current management and operation.
A talented owner operator with experience in the industry who desires to participate in the hands-on day-to-day operation, offsetting managerial costs, while also continuing to grow the business.
Given the likelihood of the Company being acquired by either a strategic or financial buyer, it is noteworthy that the wages and bonuses of the manager have been retained in the business financials without any adjustments.
The real property is available for lease or purchase.
A complete Confidential Business Review is available upon the execution of a non-disclosure/confidentiality agreement (NDA), and after a potential initial introductory call with the listing broker.
Business Financials Notes:
The highly sought after real property was recently appraised for $2,875,000.00, and can be purchased along with the Business.
Estimated Cash Flow of $551,809 is based on the 2024 Sellers Discretionary Earnings (SDE).
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Property Features and Assets:
The real property is considered a “Trophy Property” and is available for purchase at $2,875,000, based on a current appraisal value. The facility comes with all furniture and fixtures. All equipment and supplies are top quality. Furniture, fixtures, equipment and vehicles used in business activities are included in the offering. A detailed list of FF&E and vehicles is in process and will be provided upon request. The estimated value of the FF&E is $200,000.00.
Market Competition and Expansion:
After the pandemic, the restaurant industry faced profound changes which lead to a shift to takeout and delivery, and the acceleration of technology adoption. This restaurant has been able to stay ahead of the labor shortages and supply chain disruptions by embracing strong relationships with both employees and the community. The restaurant maintains a robust and loyal customer base, which allows it to stand out from its competition.
Reason for Selling:
Semi-RetirementAdditional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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