Business Summary:
AUCTION DETAILS:
Sharky's Time Out Sports Bar & Grill
Sealed Bids Due Thursday, June 11, 2009
Inspections: May 20, 23, 27, 30, June 3; 12-2pm
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Cates Auction & Realty Co., Inc.
www.catesauction.com
816-781-1134
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SHARKY’S TIME OUT SPORTS BAR & GRILL – Conveniently located on the 6MM of the busy Gravois Arm at the north end of the Lake, this fully operational business is ready to open and turn a profit. Income streams include the full service inside restaurant and bar, huge decks for outside food and beverage service, popular “Tiki” bar, gas and convenience store sales, duplex/cabin rental and even logoed merchandise. Included in the purchase is the established brand name, website and related images.
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Included in the sale are:-------------
1.Real Estate w/Restaurant/Bar with convenience store/gas dock, decks, Tiki bar,Duplex (4800sf), Staff Cabins (3 attached with laundry facility plus 4th free standing), 2 Storage Buildings (625sf and 350sf), Wastewater Treatment Plant-------------
2.Business Assets:
“Sharky’s Time Out Sports Bar & Grill” name, branding and logo, www.SharkysTimeOut.com website
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3.Furniture, Fixtures, and Equipment:
Fully equipped kitchen, Full service indoor bar, Outdoor “Tiki” bar, Furnished dining room, Patio/Deck furnishings
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RESTAURANT/BAR:
•438 ft of lake frontage with seawall
•1900 sf interior seating area
•Dining Room seats 54
•Bar seats 24
•5200 sf two-level deck (upper level rebuilt in 2008)
•Performance area for live entertainment on upper deck
•12x12 covered Tiki bar on lower deck
•Multiple outdoor restrooms
•Rebuilt indoor restrooms (new plumbing, fixtures, floor-to-ceiling tile)
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DUPLEX – Each Unit Features:
•2400 sf with open floorplan and lots of windows (4800sf total)
•2 large bedrooms, 2.5 baths
•Living Room and Dining Room open to main level deck through 4 slider doors
•Bedrooms open to lower level patio
•Huge kitchen with island, 14’ bar, and cabinets galore
•Corner brick fireplace
•New carpet in portions and partially replaced plumbing fixtures
•Security feature for entire property cabled to owner’s unit
•Right on the water with fantastic views. Great to live in; easy to rent!
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CABINS 1-3/LAUNDRY + CABIN 4:
•1BR / 1BA units
•Roof replaced 3/08
•New vanities, mirrors, light fixtures & tile
•New commodes, shower plumbing & electrical outlets
•Ceiling fans
•Recently painted
•Perfect for staff and/or off-season rental
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CONVENIENCE STORE & GAS DOCK:
•50x30 platform
•300sf convenience store with shelving and cabinetry
•3 gas pumps
•2 ice freezers
•New upgraded marine piping ($10,000 cost)
•6000 gallon unleaded tank with new motor (pumps fuel from land to water)
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OUTBUILDINGS
•Upper Garage: 625sf enclosed garage with side car port (houses extra equipment & chairs)
•Lower Shed: 350sf enclosed dry storage
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WASTEWATER TREATMENT PLANT
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FULLY EQUIPPED AND READY TO MAKE MONEY
(Fixtures, Furniture, Equipment)-------------
Furniture & Fixtures:
•High Top Tables
•Booths
•Tables/chairs
•Barstools
•Vintage 1950’s regulation shuffleboard table (18’ long!)
•Neon Signs
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Kitchen Equipment:
•Newer 2500lb ice machine
•Prep room racking and storage
•3 Coolers: 2 walk-in & 1 front-load
•2 Freezers: 1 large walk-in & 1 front-load
•All necessary cooking utensils
•4 Fryers
•Breading Table
•Charbroiler
•Flat top
•Salamander
•Hot Table
•Cold Salad Table
•Refrigerators
•3 Compartment Sink
•2 Microwaves
•2-Tier Oven
•Single Oven
•2 Warming Boxes
•And much, much more!
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Bar Equipment:
•4 Head Draft Box
•3 Compartment Sink w/Motorized Brushes
•2 Long Neck Wells
•Counter Cooler Unit
•Island Oasis Machine
•Storage Cabinet (for shirts, memorabilia, etc.)
•Bag-in-the-Box Cabinet
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Tiki Bar Equipment:
•Long Neck Well
•Full Bar
•4 Head Draft Bar
•3 Compartment Sink
•Pepsi Fountain
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AUCTIONEER’S NOTE:
A short boat ride around the Lake of the Ozarks confirms the popularity of waterfront restaurants and bars. While trying to open such an establishment from scratch requires extensive time, exhaustive effort, and a tremendous capital investment, this sale lets the new owner get right to business, simply and affordably. Freshened, updated, and upgraded, Sharky’s Time Out Sports Bar & Grill is ready to operate now. Staff can live in the on-site cabins while the owner lives in and/or rents out the adjacent duplex. The gas/convenience store dock is an added source of income. The out-of-town owner chose to auction for a timely sale because he can’t operate it for another season and doesn’t want to hold it. Don’t miss this unique auction opportunity. Be sure we receive your bid by June 11th!
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