PRICE DROP 1/09 Premium Sports Tavern&Neighborhood Entertainment Lounge
| Asking Price: | $350,000 | Inventory: | $12,000 ++ |
| Gross Revenue: | $1,311,042 | Real Estate: | n/a |
| Cash Flow: | $90,696 | FF&E: | $120,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
This is the premiere Sports Tavern and neighborhood entertainment lounge in southeast Denver/Parker area. 20 year history as sports bar and a nine year track record under current ownership and concept. Customers get the combination of the great atmosphere of a neighborhood sports bar (38 TVs) as well as a weekend music lounge, featuring the area's only dance floor with weekend DJs and live music on Fridays and Saturdays.The owners have put together several successful neighborhood taverns and have incorporated all their expertise into this location. You can take advantage of what they have created and build on that to take it to the next level.
About the Business
Year Established:1988
Employees:10 full time - 15 part time
Facilities:Located in shopping center just off busy southeast metro corridor. 6,500 square feet.
Market Outlook and Competition:Great reputation and well established track record. Only dance floor in the area. Experienced owners have established best practices management systems beyond your typical single location inexperienced sports bar model. You can take advantage of the current cash flow and build it to higher levels. The location has been a sports bar for 20 years, with the current business in place since 1999. The equipment is in great shape and well maintained. Minor remodels done recently to enhance customer experience. Stable revenues and cash flow over the years. Company uses excellent food industry financial software to budget and track performance for better decision making.
About the Sale
Reason For Selling:Does not fit business model.
KEYWORDS: bar, tavern, restaurant, sports bar, TV's, dance floor, cash flow, neighborhood tavern, DJs, music lounge, high cash flow, reputation
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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