Sports Bar & Grill Sales $865,970 Profit $95,187 !!!!

Price: $269,900

Location: Central Ohio - Ohio, Union

Industry: Alcohol Related, Bars

Listing Category: Restaurants -- Full Service

Listing ID: 73125

This Sports Bar and Grill was established in 2008 and has a great sales cash flow trend. The bar has a D5, D6 Liquor License (Beer, Wine, Spirits 2:30am close and Sunday Sales). Full kitchen with Great food and an easy menu featuring Appetizers, Wings, Ribs, Fish N’ Chips, Burgers, Soups, Salads and Sandwiches.

Consistent Sales that continue to grow !!

Outstanding well maintained equipment, beautiful set up !!

The owners have other locations which has divided their attention and is the reason for the sale.

Sales for 2016 were $865,970

Profit To Owner Operator for 2016 $95,187
This one Priced To Sell !!!!!!

Listing Details

Total Sales: $865,970

Cash Flow: $95,187

Inventory: $11,000

Terms and Conditions?:

No seller financing offered. Obtain an SBA Loan or create a Self Directed IRA (Use your Retirement Assets) to purchase the business.

Reason For Sale:

Other business interests.

Training & Support:

Seller to provide training to insure a smooth transition.

Operation

Year Established: 2008

Year of Last Acquisition: 2008

Days & Hours of Operation: Mon-Thursday 11:00am-Midnight, Fri/Sat 11:00am-2:00am, Sunday noon-Midnight.

Employees: Full Time: 2 / Part Time: 11

Managers: 2

Location

Security on Lease: $16,736

Lease Option: (2) Five (5) Year Options to renew.

Monthly Rent: $8,353

Type of Location: Strip Center

Square Footage: 4937

Facilities Information:

The business is located on a very busy road in a strip center that is surrounded by single family homes and apartments. Facility is 4,937 sq Ft and is an End Cap Unit with seating for 150 inside and has a great Patio which seats 50. Outstanding well maintained equipment, Block O Bar and 12 Flat Screen TV's and 2 Projection Screen TV's.

Summary

Historical Summary:

Strong Sales: 2016 $865,970 >> 2015 $913,544 >> 2014 $814,428 >> 2013 $848,343 >> 2012 $770,950 >> 2011 $782,528 >> 2010 $885,051 >> 2009 $780,604.

Competition:

Limited competition in immediate trade area.

Afilliations