Business Summary:
Very popular spot located on Hwy 13. Spacious banquet center and recently added a $20K light system that has increased banquet rentals through the roof! Their business is rock steady. They have added a new stage with sound and lights for the groups that perform in the Sports Bar.
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| Year
Business was Established: 1988 |
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| Number of Employees:
4FT/16PT |
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| Facilities / Terms of Lease:
12,000+ sq ft
Lease: $13,500/mo triple net |
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| Potential
Growth/Expansion:
Originally built in 1988 as a VFW. VFW’s are built to last! They use only the best and finest equipment money can buy! This place is as solid as they come. The modern kitchen has everything you need to serve hundreds of meals at one time. Walk in coolers and freezers plus a $60K bar buddy liquor system add to the value of this property.
The event center can seat up to 600 people. Great investment opportunity!
City parking lot provides ample parking! You must see this place to really appreciate it! Bar Bingo, Billiards, Darts, Texas Holdem’, Meat Raffles and Pulltabs are all very popular and bring in large crowds, adding to revenue. |
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| Competition:
Community is a large suburb and Hwy 13 is a main route for traffic in the area. This business continues to be a favorite “watering hole” with great food. The new improvements and upgrades in the event center will result in a significant increase in revenue. Bands pack them in on the weekends! Business is capable of generating $2M plus in revenue per year. |
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| Owner
willing to finance:
Owner will look at possible terms with a good down payment. You can buy the business with first right of refusal on the Real Estate or, make an offer on everything. |
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| Owner
willing to train:
30 days for new owners |
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| Reason for selling:
Downsizing |
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Seller Reference Number: BN3857
BusinessMart.com Listing Number: 35661 |
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