Exceptional Sports Bar & Restaurant
| Asking Price: | $495,000 | Inventory: | $11,000 ** |
| Gross Revenue: | $1,300,000 (comments below) | Real Estate: | n/a |
| Cash Flow: | $200,000 (comments below) | FF&E: | n/a |
| ++ included in the asking price ** not included in the asking price |
| Gross Revenue Comments: growth to continue |
| Cash Flow Comments: working owner can increase bottom line |
This is a great neighborhood sports bar and restaurant in one of the fastest growing cities in the country. High visability on a very busy road with plenty of parking. The business is in excellent shape and has a steady and loyal following. It is also absentee owned. Much growth will follow because of the location and a good working owner will generate more cash as well as btter attention to line items. Liquor sales are 65% and food 35%. There is no serious competition. The community is upscale and a very nice place to live in.
About the Business
Year Established:2002
Facilities:About 3800 Sq. Ft. is very visable as an end cap. Plenty of parking, full bar - full kitchen. The business is seven years old and all equipment is in excellent condition.
Market Outlook and Competition:This is a fast growing city and customer base is always expanding. No competition in the immediate area. Being run absentee the business would be best served by a working owner identifying with the customer base as well as city contacts and better marketing. Better attention to line items will increase cash flow.
About the Sale
Management Training and Support:30 days by owners or representatives
Reason For Selling:Retirement
Seller Financing:all cash- possible short carry
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