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Businesses For Sale   >>   Utah Businesses For Sale

Sports Bar & Restaurant For Sale

Location  Utah,United States
Asking Price Range  < $250K
Gross Revenues  $245785
Net Profit / Cash Flow  $26557
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  2009
Number of Employees  4 - 5
Inventory  63000
Relocatable  No
Number of Employees  4 - 5
Real Estate  Leased
Training  Negotiable as needed
Reason for Sale  Seller travelsl too much

Description  
This three year old, family friendly casual dining sports bar is located in a very busy Salt Lake Valley retail area adjacent to a large apartment complex as well as lots of residential housing. They have developed a good loyal following but they need an owner/operator with a good, solid marketing and advertising plan to grow the business to the next level. They have a full kitchen with a limited menu as well as restaurant liquor license to serve beer and wine. They have developed a good loyal following but they need an owner/operator with a solid marketing and advertising plan to grow the business to the next level. The seller originally opened this business with a managing partner in order to accommodate his full time job that requires frequent travel out of state. The partnership has since dissolved and, because of his out of state travel and not being able to be more ''hands-on,'' the owner has decided to sell. Although it has all the earmarks of an absentee-owned operation, an involved owner/manager could make this a very successful and profitable business. In order to obtain the liquor license the buyer will have to pass a background check required by the DABC. If a potential buyer's history is clean, that is great; if not it is a waste of time to pursue this opportunity. This is a great opportunity to own a business with a proven concept, loyal customers, good branding and a ton of upside potential. Asking price is $70,000.


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