Sports Bar/Restaurant
Not Disclosed, MN Not Disclosed
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- RE: Sports Bar/Restaurant
- Contact: Chris Lappen
Quick Facts
| Asking Price: | $8,500,000 | |
| Annual Revenue: | $2,903,826 | |
| Net Profit: | $25,634 | |
| Cash Flow: | $503,027 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | $6,500,000 | |
| Year Established: | 2000 | |
| Employees: | 33 | |
| BBN Listing #: | 983278 | |
| Broker Reference #: | 11773 CL/DJ |
Business Overview:
Location, Location, Location! This rare opportunity to own an iconic restaurant/sports bar and additional property for immediate use or redevelopment in a desirable metro area. Walking distance to several attractions that host events year-round. An excellent team of full-time management (limited owner involvement) and staff is in place to run daily operations. The building is meticulously maintained and was recently remodeled to expand capacity. The annual revenues show consistent and measurable growth. 2024 revenues exceeded $2.9M and a total adjusted net income over $500K. This profitable business is only available due to owner's wish to eventually retire. The asking price for the business is $2M. The owner would also sell the associated RE for $6.5M which includes the restaurant building ($3.5M) and two other parcels ($3M) that are prime locations for redevelopment.
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Reason for Selling:
RetirementAdditional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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