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  • RE:  Sports Bar/Restaurant
  • Contact:  Chris Lappen

Quick Facts

Asking Price: $8,500,000
Annual Revenue: $2,950,000
Net Profit: Not Disclosed
Cash Flow: $499,500
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $6,500,000
Year Established: 1999
Employees: 33
BBN Listing #: 983278
Broker Reference #: 11773 CL/DJ

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Business Overview:

Location, Location, Location! This rare opportunity to own an iconic restaurant/sports bar and additional land 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 and staff with limited owner involvement, 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 YOY. 2024 is on pace to reach $3MM in sales and a total adjusted net income of $500K. This profitable business is only available due to the owner's wish to eventually retire. The asking price for the business is $2MM. The owner would also sell the associated RE for $6.5 M which incudes the restaurant building ($3.5M) and two other parcels ($3M) that are prime locations for redevelopment. For more information please contact Christopher Lappen at clappen@calhouncompanies.com or Duane Johnson at duane@calhouncompanies.com or call us at 952-831-3300.

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Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

Documents:

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