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Sports Bar & Restaurant with R.E. Available
| Asking Price: | $225,000 | Inventory: | $10,000 ** |
| Gross Revenue: | $580,000 (comments below) | Real Estate: | $360,000 ** |
| Cash Flow: | $55,000 (comments below) | FF&E: | $120,000 ** |
| ++ included in the asking price ** not included in the asking price | |||
| Gross Revenue Comments: 65% Food | |||
| Cash Flow Comments: Need to focus on alcohol sales | |||
This is the perfect neighborhood Sports Bar and Restaurant. This is a modern facility is located in Providence County and has full liquor & Entertainment licenses. This site has great growth potential and a history of strong sales. A stronger focus on alcohol sales would grow the top and bottom lines significantly. The business is for sale and the Real Estate is also available. The Seller is also willing to offer an option on the Real Estate.
CONDITION: The building and restaurant are in very good condition.
PARKING: Private lot and plenty of free on street 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:$3,500 per month NNN
CONCEPT: Sports Bar & Restaurant
SEATING: 82 seats
HOURS: 8:00AM –12:00AM
LICENSES: Full Liquor & Entertainment Licenses (Live Music, Gaming, Keno)
SALES: Approximately $580,000 in 2008 (65% Food 35% Alcohol)
REAL ESTATE: The Real Estate is also available please call for more information
CASH FLOW: $55,000
AKING PRICE: $250,000 for the Business alone
CONDITION: The building and restaurant are in very good condition.
PARKING: Private lot and plenty of free on street 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:$3,500 per month NNN
CONCEPT: Sports Bar & Restaurant
SEATING: 82 seats
HOURS: 8:00AM –12:00AM
LICENSES: Full Liquor & Entertainment Licenses (Live Music, Gaming, Keno)
SALES: Approximately $580,000 in 2008 (65% Food 35% Alcohol)
REAL ESTATE: The Real Estate is also available please call for more information
CASH FLOW: $55,000
AKING PRICE: $250,000 for the Business alone
About the Business
Year Established:2006
Employees:1 full time - 8 part time
Facilities:The space is approximately 3,200 square feet; the facility consists of a bar area with a long bar and a large dining room. The Bar/Restaurant has a very functional layout that is ideal for a Sports Bar and or Restaurant concept.
About the Sale
Management Training and Support:Training will be provided
Reason For Selling:Other interests
Seller Financing:Some Finacing available for qualifed Buyers
Attached Files - Attachment Disclaimer
 | Confidentiality Agreement - Non-Disclosure and Confidentiality Agreement | ||
 | Sports Bar Photo - Not Actual Photo |
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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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