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Sports Bar
Location: United States -> Rhode Island -> Providence County
Industry: Bars and Nightclubs > Bars and Pubs




Business Summary

Excellent opportunity to become owner/operator of a seventeen-year-old sports bar & restaurant featuring twenty rotating craft beer taps, wings/pub fare, lottery and delivery after 5 PM. Present owner is willing to train and will offer seller financing with a reasonable down payment. Potential to increase sales and decrease expenses.

PARKING: Off-street plaza parking
EQUIPMENT: The equipment is in excellent condition, has been well maintained & is of good quality.
LEASE TERM: Three (3) years remaining on lease with options
BASE RENT: $2,000 per month
CONCEPT: Sports Bar & Restaurant
SEAT: ING: Seating for 30 persons
SIZE800 square feet
HOURS: 11:00 AM – 11:00 PM with extended hours on game days
LICENSES: Beer & Wine and Lottery
SALES: $240,000 per year
CASH FLOW: $75,000 per year
ASKING PRICE: $99,000 (for the business) – Some seller financing available for qualified buyers.

For More information please contact Corbett Restaurant Group 617-948-3394.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $240,000
Cash Flow:   $75,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Yes

About The Business

Year Established:  2000
Number of Employees:  6 - 9
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased
Property:  Property For Lease

Photos

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Sports Bar Photo 1




Print Listing Id: 700278421
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Related Searches: Bars and Pubs  >  Nightclubs  >  Other Bars and Nightclubs  > 

Also See: Franchise Opportunities > Franchise Resales > Rhode Island Businesses For Sale > Rhode Island Franchises For Sale > Rhode Island Business Brokers



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