Popular Destination Spot for Sports, Racing, Food, and Drinks
Business Description
Across the country, sports bars are the lifeblood of the community. This neighborhood sports bar has built a loyal following with 4.3 Stars on Google, over 592 reviews, and 4.6K followers on Facebook. The menu features local favorites: Beef Chislic, Bang Bang Shrimp, and Pork Belly Burnt Ends. With many more options of American fare, such as pizza, burgers, sandwiches, pasta, and salads.
The business enjoys a host of regulars and draws customers from Huset's Race Track, Hidden Valley Golf Course, and Brandon Golf Course. It is also "the" place to watch Sprint Car Racing! There's tremendous room for growth. People line up to play the lottery games. Adding more of these will allow for more walk-in traffic and keep more people in their seats. Offering private events is another area of growth opportunity. This bar and grill is a turnkey operation, perfect for an onsite owner, semi-absent, or an absentee owner with a general manager.
Approximately 65% of the annual sales are from food. Liquor, beer, lottery, and bar games account for the remaining revenue. The revenue has steadily increased coming out of Covid, with a 30% increase from 2020 ($1,071,535) to 2022 ($1,387,830).
The business employs a staff of 30, plus the owner. The bar and kitchen managers are key employees and will help support the new owner during the transition. The bar manager runs the front of the house and is well-known among repeat customers. The kitchen manager handles the day-to-day operations in the back of the house, including prepping, scheduling, and ordering. Currently, the owner handles the back office books, finances, lottery, and the ATM.
The business enjoys a host of regulars and draws customers from Huset's Race Track, Hidden Valley Golf Course, and Brandon Golf Course. It is also "the" place to watch Sprint Car Racing! There's tremendous room for growth. People line up to play the lottery games. Adding more of these will allow for more walk-in traffic and keep more people in their seats. Offering private events is another area of growth opportunity. This bar and grill is a turnkey operation, perfect for an onsite owner, semi-absent, or an absentee owner with a general manager.
Approximately 65% of the annual sales are from food. Liquor, beer, lottery, and bar games account for the remaining revenue. The revenue has steadily increased coming out of Covid, with a 30% increase from 2020 ($1,071,535) to 2022 ($1,387,830).
The business employs a staff of 30, plus the owner. The bar and kitchen managers are key employees and will help support the new owner during the transition. The bar manager runs the front of the house and is well-known among repeat customers. The kitchen manager handles the day-to-day operations in the back of the house, including prepping, scheduling, and ordering. Currently, the owner handles the back office books, finances, lottery, and the ATM.
About the Business
- Years in Operation
- 13
- Number of Employees
- 30
- Facilities & Assets
- The bar and grill is located in a 4,770 sq. ft. building. This includes kitchen and bar equipment, lottery machines, ATM, and games. They are in the fifth year of a ten-year lease. FF&E and inventory is a combined $75K.
- Market Outlook / Competition
- There are not many similar establishments in the area.
- Opportunities for Growth
- Adding more lottery games to allow people to play concurrently and hosting private events are great ways to grow.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 4,770
- Rent
- $7,132.97 per month
- Lease Expiration
- 10/2/2028
About the Sale
- Seller Motivation
- Wants to spend more time with their young family.
- Transition Support
- 90 days of training, with up to a year by phone, text, and email.
Listing Info
- ID
- 2169796
- Listing Views
- 2747
Listing ID: 2169796 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.