Sports Bar Doing $2 Million Sales
Location:
United States
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Georgia
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Atlanta
Industry: Bars and Nightclubs > Bars and Pubs
Business Summary
3,800 square foot sports bar on three levels (including 2 patios) produces sales of more than $2 Million a year. Concept is a proven one that's been steadily increasing sales and profits for the owners over a long number of years. Casual food is paired with an unmatched bar and over 100 kinds of cold beer. This combination delivers an incredible return. Owners have ON THE BOOKS profit of approximately $350,000. The books are clean as a whistle.
9 TV's, Trivia Nights and College Football Packages all contribute to a winning concept. High alcohol percentage drives a strong profit but this restaurant stands for BOTH great food and drinks. Well established kitchen team will stay in place to keep this concept operating at a high level. Owners are franchising so they are willing to part with the flagship store to concentrate on the franchise process. They will train and transition this concept carefully to protect their growing franchise. Franchise fees are 5% of sales.
Good long term lease in effect in highly desirable in-town Atlanta location.
This business has been SBA Loan pre-approved for a qualified buyer. Excellent books and records on this business. Great opportunity for experienced operators who know a great deal will fall in love with this one. If you are looking for high level income and an immediate return on investment, look no further - this is the one. Buyers must submit financial qualifications on this highly confidential listing.
PRICE: $ 695,000 IF buyer signs up to open two additional stores. Email or contact Eric Gagnon at at 404-593-4193 (Listing # E17) for more information on this Sports Bar for sale.
Financials
Asking Price Range: $500K - $1.0M
Gross Revenues:
$2,300,000
Cash Flow:
$350,000
Cash Flow Type: EBITDA
Seller Financing: No
About The Business
Year Established: 2002
Number of Employees: 10 - 19
Relocatable: No
Franchise: Yes
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: Owners to train & transfer.
Reason For Selling: Owners franchising concept nationwide.
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: 70049101
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