Very Popular, and Very Profitable Sports Bar Rest. in Mont. Co., MD

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Very Popular, and Very Profitable Sports Bar Rest. in Mont. Co., MD

Business Description

In business since 2008, this extremely popular, and consistently growing Profitable Sports Bar Restaurant located in a very busy Shopping Center, is an excellent opportunity for the right buyer, or buyers. This is one of a pair of restaurant/sport bars owned by a husband and wife. The pair can be purchased together or individually. Offering an ever changing Menu, and a full bar. Operating it/them as hands on owner operator/s would be the best management style.

About the Business

Location:
Montgomery County, Maryland
Year Established:
2008
Number of Employees:
28 FT
Real Estate:
Leased
Building Sq. Ft.:
5,800
Rent:
$21,000.83 Per Month
Lease Expiration:
10/31/2024
Facilities:
5,800 Square Feet, with total monthly rent of $21,000, and a Lease Term till 2024.
Market Outlook/
Competition:
Standard Restaurant/Food Service competition in the area.
Growth & Expansion:
Continue to offer new ideas, such as the most recent addition of Sunday Brunch, and also constantly changing and improving the Menu.
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About the Sale

Reason For Selling:
Sellers would like to Semi-Retire
Training/Support:
Sellers will give whatever amount of time a new owner requires to be fully trained and comfortable.
Seller Financing:
Negotiable

Listing Info

ID:
1699889
Ad Detail Views:
12
Asking Price:
$1,300,000

Gross Revenue:
$2,300,000
Cash Flow:
$500,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$10,000
included in asking price

FF&E:
$300,000
included in asking price

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Business Listed by

Gary Steven Russell

G. S. Russell Business Brokers and Advis

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