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.
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