Sports Bar Event Venue, $1.2M-$1.3M Revenue. Real Estate Negotiable

Business Overview:

Explore the opportunity to acquire a lively bar and grill with strong financial performance, demonstrating annual sales ranging between $1.2M and $1.3M. This well-loved establishment consistently attracts a steady flow of patrons and offers significant growth opportunities for a proactive owner/operator.Located near colleges, hotels, and major highways, the venue enjoys high visibility and is a popular hangout in the region. The establishment features a Transferable Full Liquor License and operates with a 2AM closing time, enhancing its appeal.The Bar & Grill is well-equipped with an extensive range of kitchen equipment, including a high-capacity hood, Ansul system, multiple sandwich units, a grill, an oven, fryers, and two walk-in coolers. The three bars are fully equipped with ice wells, coolers, and sinks, ensuring optimal efficiency and excellent service. This robust kitchen setup supports both daily operations and large-scale events.A standout feature is its versatile event space, which accommodates a variety of casual gatherings, from community events and corporate functions to personal celebrations. The space is designed with inviting decor and can be easily adapted to suit different types of events, making it a key asset for generating additional revenue. The venue's capacity for large gatherings and its welcoming atmosphere significantly enhance its appeal.Additionally, the venue includes a spacious outdoor patio area, ideal for socializing during the warmer months. Ample parking and convenient access further enhance the venue's attractiveness and guest satisfaction.There is considerable potential for growth, particularly for an owner/operator who can capitalize on the venue's versatility and high visibility. Expanding the range of events, increasing marketing efforts, and leveraging the outdoor space for seasonal promotions could significantly boost patronage and profits. This is an excellent opportunity to tap into the local market and attract new customers by enhancing the venue's offerings and visibility.Owner financing is available for qualified buyers, making this an accessible investment. The real estate is not included in the asking price but is available for negotiation if a buyer is interested in a more comprehensive investment.This venue offers a multifunctional space catering to diverse needs and events, with strategic location and adaptable features making it an outstanding prospect for further development.For more detailed information and to explore this unique business opportunity under confidentiality, please contact us.By providing your phone number to We Sell Restaurants, you are agreeing to receive text notifications.

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Property Features and Assets:

LIQUOR LISCENCE ? Class BV1 Walk-In Cooler with compressor 1 Micro Matic Glycol Draft Beer Chilling System Model # MMPP43011 Micro Matic Glycol Draft Beer Chilling System Model # MMPP 43021 Soda System Rack and PumpsMain OfficeAldelo Point of Sale System w/ 2 Computer Servers Closet / Basement1 Coca Cola Upright Refrigerator? door locker unit w/6 doors1 pigeon hole locker unit w/5 doors1 Mop Bucket w/ MopMain Bar and Dining Room 1 Red Bull Display Cooler3 Ice Wells with speed racks ( 24?, 32?, 36?)3 Bay Sink 2 Beer Coolers (Asper 54?)2 Wire Racks 1 Draft Beer Tower with 12 taps1 Draft Beer Tower with 6 Taps1 Draft Beer Tower With 2 taps1 Draft Beer Tower with 1 Tap1 hand sink 24 Televisions (Vizio, Samsung, Various Sizes)2 Samsung Display Adverting Monitors 1 60? Round Pub Table8 Wooden Backless Barstools9 Assorted Sized Pub Tables (Square, Rectangle and Round)5 Booth Seating with Tables 45 Wooden barstools with backs 9 Dining Tables (Various Sizes)28 Red Metal Dining Chairs1 Wooden Antique Hostess Stand1 Wooden Antique Waitstaff Station 4 Aldelo Point of Sale Touch Screen Monitors w/ 2 cash drawers and 4 printers6 Surround Sound Wall Mount Speakers 1 Cable Box Rack 5 Bar Pendent hanging lights 6 Hanging Pendent light over booth seating Track Lighting and hanging light fixtures 4 Wooden High chairs 3 Booster Seats Kitchen 1 4 ft wire rack1 4ft stainless steal table with riser 1 coffee machine1 4ft 2 door stainless steel cabinet1 coca cola fountain soda machine with rack1 Bud Light Vertical refrigerator1 8 ft stainless steel prep table1 alto Shaam hot holding cabinet1 Market Forge Tilt Skillet 1 8ft hood and Ansul System 1 24? Waring electric flat top grill424? wire racks1? Asper 4ft sandwich unit1-Precision 5 ft sandwich unit 1-4ft cutting board station1 Stainless Steel Kitchen Cooking Line Rack System with Overhang Shelving1 5ft Stainless Steel Prep Table1 4ft Stainless Steel Prep Table1 Pitco Gas Fryolator1 Vulcan Gas Fryolator1 36? Stainless Steel Prep table2 electric food warmers3 under counter electric food warmers1 North American Upright Freezer 1 Atosa Upright Freezer1 chest freezer 1 8 ft stainless Steel Prep Table1 ? Fagor 2 door upright refrigerator 1 Walk in Cooler with assorted racks1 32? stainless steel storage unit 1 hand sink 1 mop sink1 3 bay sink 1 4 ft stainless steel prep table with riser 1 5 ft wire rack Assorted smallware (pots, pans, utensils, plates, bowls, silverware, hotel pans)Assorted trash barrels 1 Zephaire Convection Oven 1 Grease Trap1 ? Southbend 4 Burner Gas Stove Top / Oven 1 ? American Range 6 Burner Gas Stove Top / Oven 1 ? 5 ? ft tall bakers rack1 ? Blueair 900 lb Ice machineAssorted Storage Bins Private Room 2 ? 6ft Beverage Air Glass Door Beer Coolers1 Hand Sink2 ? 23? Ice Wells with speed racks2 ? 35? Glass Racks2 Aldelo Point of Sale Touch Screen Monitors w/ 2 cash drawers and 2 printers Assorted Glassware2 ? 30? x 72? Dining Tables1 ? 30? x 48? Dining Table2 ? 48? Round Dining Tables3- 36? Round Pub Tables15 Wooden Dining Chairs12 Backless Wooden Barstools16 wooden barstools with backs 2 Coat Racks3 Flat Screen TVs12 ceiling mount speakersLight Fixtures 8 Hanging Pendent Lights2 half round booths1 long banquette seating Assorted Pictures and decorations currently on walls Outdoor PatioMetal Bar 2 Outside Tv Enclosures2 TVS1 beer coolerRENTAL EQUIPEMENT ATM & Bar Top Video Game ? Belongs to Avalon EntertainmentLottery Machine & Monitor ? Belongs to RI LotteryPortable Keg Unit ? Belongs to Mclaughlin & MoranCO2 System with Tanks and Mixing Valves ( $350 Per Month )Bar Dishwasher (Private Room) Ecolab /Pure force $124.01 Per MonthKitchen Dishwasher ? Ecolab / Pure force $195.76 Per Month Directv Cable Boxes (33) ? Need to be returned if you do not keep them ($450 Per Month Boxes)Kitchen Chef Knives -Belong to RI Grinding 32 Camera Security System with 2 Servers ? Cox Communications ($500 Per Month)

Market Competition and Expansion:

This restaurant is located in a high-traffic area with excellent visibility, making it easily accessible for customers. Its prime location near a major highway ensures a steady flow of potential patrons, while its close proximity to several colleges attracts a vibrant student population. Additionally, being near a convention center and major hotels provides opportunities to capture business from visitors and events, further enhancing its appeal. This combination of factors positions the restaurant for success in a bustling and dynamic environment.

Reason for Selling:

New Career

Additional Details:

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