Sports Bar & Restaurant
| Asking Price: | $397,000 | Inventory: | $2,000 ++ |
| Gross Revenue: | $512,000 | Real Estate: | n/a |
| Cash Flow: | $140,240 | FF&E: | $187,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
Here's your opportunity to take over a very attractive sports bar /restaurant in a growing area of Gwinnett County. It was built and opened in June of 2007. This is a family friendly sports environment with good food and full bar offering beer, wine and hard liquor. They also have a catering service. ** They have all the cable sports channels, so you can see all the games… and they offer special sports events like UFC championships. * They sell lottery, have video games, and darts, with live entertainment on the weekends. ** The owners are involved with other business interests, have some family health issues and are not currently working full time at the business.
About the Business
Year Established:2007
Employees:19 full time -
Facilities:This sports bar / restaurant is located in a new strip mall. It has easy access and lots of parking. It's in like new condition with comfortable seating inside and outside. Lot's of TV s for the sports fans. New upgraded cook stove has just been added to the commercial kitchen.
Market Outlook and Competition:Not much has been done in terms of marketing and advertising. The current owner believes that the restaurant has the potential to nearly double its revenues.
About the Sale
Management Training and Support:Support and training included to insure smooth transition.
Reason For Selling:Family issues and other business commitments.
Seller Financing:$100,000 down payment and seller will carry all financing for 5 yrs.
KEYWORDS: Sports, bar, restuurant,
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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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