Sports Bar & Restaurant Absentee Owner
Location Georgia,United States
Asking Price Range $250K - $500K
Gross Revenues $794021
Net Profit / Cash Flow $3200
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2005
Number of Employees 35 - 49
Inventory 2000
Relocatable No
Number of Employees 35 - 49
Real Estate Leased
Training If you maintain the business as a franchise, you will be required to complete the franchise training program. If you choose to rename the company, the current owners will provide complete training and transition as needed.
Reason for Sale Owner is an ex pro-athlete and has decided that he wants to devote full time to teaching and coaching.
Description This is an established family oriented sports bar and restaurant for sale. It is currently a franchised operation, but new owner may choose to change name and become an independent business. This is a very nice facility located in a fairly large, busy strip mall anchored by Publix and Blockbuster Video. The business currently has an ''absentee owner''.
Year Established: 2005.
Employees: 4 ft - 35 pt. - 4 managers. 3 in front and 1 in kitchen.
Facilities: It includes about 3,700 square feet of inside seating for about 150 people and about 600 square feet of outside seating for about 50 people. It has a great ''sports bar'' theme and includes over 20 TV's. Has full commercial kitchen.
Competition: No nearby competition with a sports bar theme.
Growth and Expansion: The restaurant/bar will add liquor to its beer and wine menu starting in November. This is expected to increase profits by as much as $2 - $ 3,000 per month. Friday and Saturday hours will likely be increased to stay open later. An active owner would make a big impact on the growth of the business.
Financing: Some Seller Financing may be possible for the right buyer. An assumable SBA loan for qualified buyer.
ASsing $479,000.
Email or call Ron Yurick at 770-667-2475.
Click Here To Contact Seller
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