Billiards, Bar, and Restaurant

Asking Price$55,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$240,000

InventoryNot Disclosed

FF&ENot Disclosed

Real Estate$279,000
Not included in asking price
Billiards & Dining areaSave

Billiards, Bar, and Restaurant


Asking Price$55,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$240,000

InventoryNot Disclosed

FF&ENot Disclosed

Real Estate$279,000
Not included in asking price
Business Description
When you pull into the parking lot, it doesn't look like much. But when you walk in, it feels comfortable. You notice the brightly lit pool tables, the friendly bar, and smell the fish frying on a Friday, and you know you're in the right place! This established bar and billiards venue in Decatur, IL, features over 3,000 SF of space with five pool tables, a full kitchen, and a vibrant atmosphere. The property at 858 W Green St has ample parking and room to expand. Popular for its menu favorites and loyal customer base, this property is ideal for investors or entrepreneurs in the hospitality or entertainment industry. Turnkey opportunity with existing revenue streams. There are a number of ways to increase revenue. The property has value for alternative endeavors.
About the Business
Years in Operation
14
Employees
4
Facilities & Assets
Property, inventory, furniture, and goodwill. Some billiard tables are leased.
Market Outlook / Competition
This bar is not fancy. However, it is loved by serious pool players. There is very little competition that has billiards tables of this quality in the Decatur and surrounding area. There is high demand for this bar by pool leagues.
Opportunities for Growth
Adding 3 more tables to this establishment would increase the ability to host pool tournaments and leagues. That would drive revenue up. The key to this strategy is finding a way to increase square footage in a cost-effective manner.
Real Estate
Owned or Leased
Owned
Not included in asking price
Building Sq. Ft.
3,000
About the Sale
Seller Motivation
Owner is ready to retire.
Transition Support
The current owner is willing to discuss helping the new owner get on track. Current employees are talented and provide good customer service.
Financing Options
Seller is open to hearing offers.
Listing Info
ID
2322165
Listing Views
1603

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Business Listed by: Jeffrey Kurtz SVN North Star

Listing ID: 2322165 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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