Amazing Sports Bar & Grill in a 1 mile no-competition location with growing sales is now available for acquisition. Established in 2013 by the current owner and has successfully grown in the local area. Most of the customer base consists of company employees and local residents who come regularly throughout the week. There’s huge potential to grow sales with more proactive marketing of the business to outward areas from this location to further expand customer base. This business is in a very fast growing populated area and the city is also establishing new buildings. Bar & grill sales were $1,100,000/year in 2014 and expected to grow about 15-20% to $1,280,000/year in 2015, and additionally, vending machine sales from pool tables, bowling games, juke box, golden tee, and other arcade games are generating around $300,000 per year. Re-purposing some of the bar and restaurant area to tend for more private parties could benefit this operation's marketing and sales. The bar area is equipped with state-of-the-art equipment made recently within the last 3 years to tend to customer demand. Offering a variety of culinary dishes made to satisfy each individual’s cravings such as flat-breads, burgers, sandwiches, grilled meat, salads, hot dogs, and appetizers of many selections. Weekly specials also provide opportunity to increase sales by larger quantities of food products and happy hour beverages sold. Rent is currently $7,800 for the 4,800 SF of area which is very affordable for the amount of sales this location is currently running. This is the time to acquire this fast-growing sports bar before it's too late!
Furniture, Fixtures & Equipment: $750,000 (Included in listed price)
Inventory: $4,000 (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: All equipment is top-of-the-line and in impeccable condition. Facility was built with much modernized furniture and quality interior decorations for a vibrant setting. Seating capacity inside the bar is 325 which can be expanded up to 400. Also this sport bar features a nice and cozy outside patio which can sit up to 18-20 customers.Support/Training: Training will be provided for a smooth transition into the business.
Reason Selling: Other Opportunities.
Competition: Minimal competition in the area, but this business is much modernized compared to the competitors.
Growth And Expansion: Increased volume of private parties will bring a large boost in sales along with various methods of outward marketing to local residency.
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