Restaurant Lounge - Sports Bar
Location:
United States
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Nebraska
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Columbus
Industry: Bars and Nightclubs > Bars and Pubs
Business Summary
Restaurant: Lounge: Sports Bar: This 7,000 square foot restaurant and lounge for sale includes a large accessible parking lot located on a major State Highway that is the major arterial route in the City. This popular destination is home to the area's best lounge serving the best burgers and bar food in town. Leisure activities include a huge Pool Room, multiple flat screens for sports events and seating for large private parties and public celebrations. Class C Liquor License allow owner to add on-sale packaged liquor store to the business. Currently, the owner does not open on Sundays. By reopening in Sunday, there is an opportunity to increase revenues, especially during sporting events. Adjacent to the City's major hotels, manufacturers, businesses and retailers, this business has been continuously operating since 1983 with the same ownership; the pride of ownership really shows in this well maintained and well known local meeting place. Current owner nets over $157,000.
Financials
Asking Price Range: $1.0M - $2.5M
Gross Revenues:
$649,961
Cash Flow:
$157,720
Cash Flow Type: EBITDA
Seller Financing: No
About The Business
Year Established: 1983
Number of Employees: 10 - 19
Relocatable: No
Franchise: No
Current Real Estate: Owned
Property: Property For Sale
About The Sale
Management Training and Support: Owner is available for training for up to 90 days immediately following the closing.
Reason For Selling: Retirement.
Click on the "I'm Interested" button above for more information on this Bars and Nightclubs > Bars and Pubs business for sale.
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Print Listing Id: 700105296
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