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#3295
Area: Tucson Metro

Local and Longtime Favorite Sports Bar and Grill

$385,000  
Get Demographics  
Local and Longtime Favorite Sports Bar and Grill
This Selling Restaurants Listing is Expired
General Info
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Are you looking to own a sports bar and grill that's been a local favorite for decades and has a consistent financial performance year after year? Are you looking for a business that's practically running itself whereby a hard working owner could make plenty of operational improvements to increase profit even more?

If so, then take a look at this business.  Sports bars this successful are rare to come on the market, so don't hesitate on this deal. This sports bar has a long history of serving the community's needs for a place to "hang-out" and grab some grub and watch a game. 

The financial numbers are amazingly strong.  In a tough 2010, it still did more than $1 million in sales on the tax returns with a working owner's cash flow of more than $270,000, and that's in a tough year!

This sports bar has pool tables as well as games, adding extra income to the business. 

 The lease expires January 2016 with a 5 year option.  The all-in rent is about $8,200 a month. 

The owners are retiring from the business after decades of running sports bars. 

All prospective buyers must be qualified in order to get the name and address of this exclusive listing. 

SBA Financing is very possible on this transaction for a qualified buyer - qualified means 5 year management experience in similar restaurant business, good credit score and 20% down. 

Demographics 1 Mile 3 Mile 5 Mile
2009 Male Population 8,345 49,928 115,612
2009 Female Population 9,557 55,927 125,374
2009 Total Population 17,902 105,855 240,987
2009 Total Households 9,270 49,235 105,774
% Population Change 2000-2009 14.79% 12.77% 10.49%
2009 Median Household Income $33,952 $41,457 $45,490
2009 Per Capita Income $26,773 $28,529 $28,868
2009 Average Household Income $51,703 $61,338 $65,770
2009 Restaurant Expenditures $22 Million $152.7 Million $365.2 Million

This is a Paramount Restaurant Brokers, inc. Listing. 

This is a Paramount Restaurant Brokers, Inc. DBA SellingRestaurants.com listing.
Broker Mel Jones DRE License #00893362
Listing Status:
Expired
Price:
$385,000
Down Payment:
Location:
Tucson Metro
Last Year's Annual Gross:
$1,044,526
Last Year's Owner's Cash Flow:
$270,512
Lease Information:
Expires January 2016 +5 Year Option
Total Monthly Rent:
$8,200.00
Liquor License:
12
Indoor Seating:
200
# of Parking Spots:
Plenty
# of Full-Time Employees:
9
# of Part-Time Employees:
11
# of Family Employees:
3
Hours Open:
Open 7 Days 10am-2am
Year Established:
1991
Inside Sq. Ft.:
4458
Hood System Type 1:
Yes

Notice: The User (that's you reading this) of this Website understands that Paramount Restaurant Brokers, Inc. ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it.  In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business.  Owning a business is a risky venture, but can also be a rewarding one.  The User of this website is solely responsible to examine and investigate the Business and or real estate, its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. Any decision by User to purchase the Business shall be based solely on User's own investigation and that of User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User.


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