Sports bar located in Northeast Dallas with strong menu and rapidly growing sales is available for acquisition. Established and acquired by the current owner of the business in 2013. Few bars are within the immediate market area, but none are exclusive sports bar and tend to a different demographic. Customer demographic through lunch and dinner service vary as a majority of customers during lunch service are individuals from the nearby office buildings to the nearby apartments. During dinner service, families from adjacent cities from this location make the majority of night time customers. Sales average is around $820,000 - $830,000/year in 2015 and has had a drastic increase since 2014 which is expected to increase further for 2016. Various forms of pro-active marketing are done from the owner such as flyers, online ADs, online delivery, and through social media outlets. Each year, sales are rapidly growing on a consistent basis through the owner’s pro-active marketing. The sales growth can be further increased with weekly deals or happy hour for regular customers. Interior of the sports bar has a custom-made bar, espresso machine, and a wood firestone pizza oven to make high quality pizzas. Products provided on their menu consists of various appetizers, calzone, wings, salads, burgers, sandwiches, house specials, and a long list of alcoholic beverages to accommodate each individual's meal. Although this sports bar has only operated for 2 years, the rapid sales growth and general local popularity is strong indicator to the acquisition of this business.
Furniture, Fixtures & Equipment: $150,000 (Included in listed price)
Inventory: $5,000 (Not Included in listed price)
Financing: 100% down at the time of closing or 50% Cash Down with SBA Financing for Qualified Buyers.
Year Established: 2013
Facilities: Located in a retail outlet mall beside various office buildings and apartment complex. All equipment is in impeccable condition and in working order.Support/Training: Owner will provide training during a 4 week period to smooth out transition into the business.
Reason Selling: Other Opportunities.
Competition: Bars are located in the immediate market area, but none are sports bars and other bars have different demographics than this sports bar.
Growth And Expansion: This sports bar is very pro-active in marketing and is growing sales rapidly since establishment. Other various forms of marketing can grow sales even further to reach full potential.
Asking Price $395,000
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