This is a established restaurant that was remodeled and rebranded as Sports bar last August and sales continue to go up each month with very little competition in the area. Crowds gather for football, college sports, boxing and more. The restaurant has a type 47 license and is permitted for live entertainment and karaoke. They serve up burgers, wings, tacos, appetizers and salads. Features two bar areas, main dining room with fireplace, additional private dining room with 20 seats and separate enclosed patio. Seats up to 115. Open for lunch and dinner 7 days a week, can accommodate large parties and banquets, with parking. Equipment includes: 20 ft. hood, wall tap for 16 beers, 3 ft. grill, 10 burner stove top, fryer, 2, 6 ft. salad prep stations, 4 ft. prep station, 2 double fryers, 6 ft. freezer, single door freezer, 3 door refrigerator, ice maker, walk-in refrigerator, 6 microwaves, soda fountains, ice cream refrigerator, 11 flat screen TV's. NAME NOT INCLUDED but menu is.

General Info

  • OrganizationContact For Info
  • Established1983
  • Current Owner2015
  • Employees6 part time 4 full time
  • Reason For SaleOther Interests

Facilities

  • Seating115
  • Square Feet3995
  • ParkingParking lot attached
  • LicensesABC, City, Health Dept.
  • Open HoursOpen daily 11am-10pm, closing at 12am Fri and Sat

Lease

  • Rent$5,100 plus property tax and insurance
  • Expiration2020
  • Yearly Increase2 to 3%
  • Option2- 5 year
  • Deposit5000

Financials

  • Monthly Revenue$51,509
  • Monthly Cash Flow$6,185
  • Annual Revenue$618,108
  • Annual Cash Flow$74,220
  • Payroll$$8,000

Financing

  • Down Payment$Contact For Info
  • Note Balance$Contact For Info
  • Terms of NoteContact For Info
  • All CashContact For Info

DISCLAIMER: The above financial information was supplied by the seller and has not been verified by broker. Broker makes no representation about the accuracy or completeness of the information and does not guarantee future performance. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records, and to seek independent financial and legal counsel regarding any purchase of this business and/or real estate.

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