Sports Bar, Restaurant, "live" music venue
| Asking Price: | $950,000 | Inventory: | $12,000 ** |
| Gross Revenue: | $925,000 (comments below) | Real Estate: | $500,000 ++ |
| Cash Flow: | $56,000 (comments below) | FF&E: | $250,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
| Gross Revenue Comments: projected 2009 | |||
| Cash Flow Comments: 2008 | |||
Beautiful restaurant with an attached patio and a separate bar for ‘live’ music and sports ‘events’ with great location. The original restaurant was built in 1955 and has been a successful business ever since. The addition of ‘live’ music three nights a week has added $8-10K per month to their revenue. Duo’s and small combo’s make for an added late night crowd. The owners took it over 4 years ago and spent thousands in remodeling and new equipment. Word has gotten out and they are seeing steady increase in sales and revenue. They have done a great job in marketing plus the service and food quality is excellent.
About the Business
Year Established:1955
Employees:4 full time - 22 part time
Facilities:3,500 sq ft on .8 acre
Market Outlook and Competition:Located in a well established town. People love to eat out! There has been a surge in the population in this area over the past 12 years and dining out is very popular!
About the Sale
Management Training and Support:14 days for new owners
Reason For Selling:Other interests
Seller Financing:New financing or terms acceptable to seller
Attached Files - Attachment Disclaimer
KEYWORDS: Sports bar, restaurant, live music, entertainment, food, liquor, nightclub, night life, bar
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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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