Restaurant Lounge - Sports Bar
Location Nebraska,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $649961
Net Profit / Cash Flow $157720
Cash Flow Type EBITDA
Seller Finance No
Year Established 1983
Number of Employees 10 - 19
Relocatable No
Number of Employees 10 - 19
Real Estate Owned
Training Owner is available for training for up to 90 days immediately following the closing.
Reason for Sale Retirement.
Description 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.
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