Sport Bar With Beer & Wine
Location California,United States
Asking Price Range $250K - $500K
Gross Revenues $560000
Net Profit / Cash Flow $136000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2008
Number of Employees 6 - 9
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Training 2 weeks at 20 hours / week.
Reason for Sale Personal.
Description This Anaheim sports bar for sale with beer and wine is a baseball and hockey enthusiast's dream. The bar is located near the epicenter of all of the sports and entertainment action, and provides patrons fantastic freeway access to all of Orange County, as well as to Los Angeles, Riverside and San Diego Counties. The beer and wine bar has a full kitchen, plenty of seating, and enough flat screens to capture all of action. The venue also offers billiards, video games, music and a fantastic menu.
Asking Price $350,000.
This 1,800 square foot facility leases for $5,000 per month on a lease with nearly 3 years remaining and at least one four year option. The sale includes all of the assets of the business (except for video games, which are on a revenue split agreement) including a full kitchen, several serving stations with plenty of beer taps, an ice machine, pool tables, and approximately 10 large sports filled flat screens. The facility's is approved for 105 patrons but the space is large enough for many more.
Given Anaheim's foothold in the in the sports and entertainment market, there are naturally several would-be competitors. This bar, however, enjoys an unparalleled competitive advantage on several fronts. These include the bar's location, its stellar freeway access, its large parking lot, and most importantly, the key role it plays in the industry - which allows it to frequently play host to sports superstars.
The current owner is absentee, and is not a seasoned bar operator. As such, an aggressive marketer may be able to immediately increase revenues via promotion offerings, themed nights, special events, event sponsorships, etc. Naturally, a full-time working owner may save on various employee salary expenses, while ensuring that customer service remains a top priority for bartenders and wait staff.
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