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Businesses For Sale   >>   Kings Businesses For Sale   

Well Established Updated Billards & Sports Bar For Sale

Location  Kings County, New York, United States
Asking Price Range  < $250K
Gross Revenues  $153600
Net Profit / Cash Flow  $45448
Cash Flow Type  EBITDA
Seller Finance  Yes
Year Established  2000
Number of Employees  1 - 3
Relocatable  No
Number of Employees  1 - 3
Real Estate  Leased
Training  2 week training at no cost.
Reason for Sale  Too long of a commute.

Description  
Established 10 years, current owner has made many improvements to the store and the tables and sales are already growing. There are 16 tables, games and beer. An application for a full liquor license has been submitted and should in place soon. There is space in the hall to build a full bar, which the owner plans on doing. Once the bar and liquor license are in place with the right marketing the business will really take off. Perfect situation for an experienced operator to grow the business. The current lease is only 1 month into 20 years. FACILITIES: Located on an Extremely Busy Main Road off of a Major Parkway with Numerous Local business and Supermarket close by. Clean 6,200 square in Single Use Commercial Building Owner has made Many Improvements, including all new cues and racks, recovered 16 tables 12 ft Russian table, added new games, the ping pong table is top quality ! Adding a full bar and small kitchen! Lease: $6,200/month - expires 6/30/2030 MARKET SHARE or COMPETITION: An Excellent Reputation that Can't be Beat! Very Well Established with Numerous Regulars, they are the talk of the town. Even in today's Economic times, the business has shown a STEADY STREAM OF CUSTOMERS ! GROWTH POTENTIAL: Limitless and Outstanding opportunities for growth! The New Full Bar and kitchen will Dramatically Increase Revenue! Also, new owner with enthusiasm and promotion minded person should double existing volume. A Website as well as Additional Advertising And Marketing With Incentives Can Take This Store To The Next Level. Asking: $125,000 - Owner will Hold Note: $40,000 for 48 months at 7%


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