Sports Bar with Kitchen in Daphne-Spanish Fort Alabama

Asking Price$225,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$461,000

Inventory$15,500
Not included in asking price
FF&E$200,000
Included in asking price
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Sports Bar with Kitchen in Daphne-Spanish Fort Alabama


Asking Price$225,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$461,000

Inventory$15,500
Not included in asking price
FF&E$200,000
Included in asking price
Business Description
Great opportunity to acquire a very active Sports Bar with kitchen located in an area that is now the sixteenth fastest growing metro area in the United States and the fastest growing area in the state of Alabama. The short hours of business at this establishment with a seating capacity of about 75 caters to patrons for special sporting events, team group parties, and a fun filled evening with outstanding food and service. Upon arrival this establishment pampers its guests with a Cold Beer, plenty of TV's, quality menu and over 30 taps of craft drafts as well as domestic beers, a full bar, and an overall enjoyable entertainment atmosphere. Most of the clientele is established repeat, referral or location driven, therefore, upside potential, and additional revenues and higher bottom line profits may be realized by additional entertaining games and customer participation. The business maintains a full complement of staff that are trained in high level service techniques as well as high energy presentation of custom crafted cocktails. The staff are expected to maintain a professional appearance to emphasize a positive competence and credibility in what they are selling. The staff are very energetic and promote a fun environment to be had by the customer. This is definitely the most vibrant sports bar in the area ensuring a unique position in the market, with an established reputation, loyal clientele, and endless potential for growth for a new owner.
About the Business
Years in Operation
4
Employees
8 (2 Full-time, 6 Part-time)
5
Facilities & Assets
The building is leased and the fixtures, furniture and equipment are all debt free and in new condition. The bar is fully furnished and has 30 draft beer taps along with two refrigerated beer boxes. The inventory includes a wide variety of liquors as well as wine and the beer variety includes a large number of craft beers as well as all domestic offerings. The location has more than ample parking for more than 200 vehicles and is in an high-income community area. Observation required to appreciate the cleanliness and condition of the business.
Market Outlook / Competition
The current location is conveniently positioned in the heart of a very rapidly growing area, with a diverse population and strong economy, however, there is no considerable competition in the area. There are very few exclusive sports bars with entertainment in the area and most of the bars in the area are in the Hotels. The community is comprised of homes in the $400,000 to $2,000,000 area in price.
Opportunities for Growth
One area of growth would be to add catering to the area for the various large corporations located nearby. The addition of a meat and three specials at the lunch hour. Another growth area would be to offer food delivery to the area either through Door Dash or Uber. The addition of a food bar at no cost for happy hour each day and contests to earn prizes. This area is a very strong college football following and special events for alumni on game days is possible.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
3,287
Rent
$4,320.00 per month
Lease Expiration
5/12/2029
About the Sale
Seller Motivation
The owner/manager is being transferred in his daytime job.
Transition Support
The Seller is willing to assist the new owner for two weeks in house training of operations and staff, and another two weeks of consultation by phone, e-mail or text. The Seller will provide a full list of assets and vendor information as well as licensing requirements with contact names and numbers.
Listing Info
ID
2366435
Listing Views
219

Contact Seller

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Business Listed by: Randy Shurbet isellrestaurantsandbars.com

Listing ID: 2366435 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. See our full Terms of Use. Learn how to avoid scams.


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