Sports Bar/Restaurant

Asking Price$8,500,000

Cash Flow
$503,027
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$2,903,826

Inventory$50,000
Not included in asking price
FF&ENot Disclosed

Real Estate$6,500,000
Included in asking price
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Sports Bar/Restaurant


Asking Price$8,500,000

Cash Flow
$503,027
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$2,903,826

Inventory$50,000
Not included in asking price
FF&ENot Disclosed

Real Estate$6,500,000
Included in asking price
Business Description
Location, Location, Location! This rare opportunity to own an iconic restaurant/sports bar and additional property for immediate use or redevelopment in a desirable metro area. Walking distance to several attractions that host events year-round. An excellent team of full-time management (limited owner involvement) and staff is in place to run daily operations. The building is meticulously maintained and was recently remodeled to expand capacity. The annual revenues show consistent and measurable growth. 2024 revenues exceeded $2.9M and a total adjusted net income over $500K. This profitable business is only available due to owner's wish to eventually retire. The asking price for the business is $2M. The owner would also sell the associated RE for $6.5M which includes the restaurant building ($3.5M) and two other parcels ($3M) that are prime locations for redevelopment.
About the Business
Years in Operation
26
Employees
33
Facilities & Assets
Brick
Real Estate
Owned or Leased
Owned
Included in asking price
About the Sale
Seller Motivation
Retirement
Transition Support
Negotiable
Financing Options
Cash or Submit Offer
Listing Info
ID
2318814
Listing Views
1188

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Business Listed by: Calhoun Companies Calhoun Companies

Listing ID: 2318814 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.