Business Summary:
New Sports Bar & Grill with tremendous growth potential. This recently converted space is a natural fit with all of the elements needed to succeed. The location boasts a large kitchen and outdoor seating. The business has enjoyed success with no advertising/marketing and limited hours of operation. The Full Liquor & Entertainment licenses will enable an experienced Operator to grow sales dramatically.
CONDITION: The building and restaurant are in very good condition.
PARKING: Plenty of Parking
EQUIPMENT: The equipment has been well maintained and is of good quality.
LEASE TERM: Five (5) year lease with two Five (5) year options.
BASE RENT: $3,750 per month
CONCEPT: Sports Bar & Grill
SEATING: 60 seats inside with 40 patio seats outside
HOURS: 11:00AM –10:00PM (1:00 AM License)
LICENSES: Full Liquor & Entertainment Licenses (Live Music & DJ)
SALES: Approximately $470,000 per year (with limited hours of operation)
CASH FLOW: Approximately $52,000 per year (with limited hours of operation)
PRICE: $350,000 or Best Offer
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| Year
Business was Established: 2008 |
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| Number of Employees:
3FT/7PT |
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| Facilities / Terms of Lease:
The space is approximately 2,500 square feet; the facility has a functional layout that consists of a long bar and open floor plan. The dinning room contains 60 seats inside with an additional 40 patio seats outside. |
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| Owner
willing to finance:
Seller Financing Available for Qualified Buyers |
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| Owner
willing to train:
Training will be provided |
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| Reason for selling:
Other Interest |
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Seller Reference Number: bm1590083806
BusinessMart.com Listing Number: 58929 |
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