Property ID : SPL25.213
For Sale $199,000.00 - Bar/Lounge, Restaurant
- A high volume, stunning, sports bar /grill located off a major highway
- 6000 sq foot facility, featuring a spacious dining area with seating for 100.
- 40 foot, full services bar that is the focal point of the space; also featuring six 55’ TVs’ for watching sports.
- Fully equipped kitchen and service area with newer equipment
- Featuring appetizers, full lunch and dinner menu.
- Open for lunch, dinner, and also offers a late night menu.
- There is a large well lit parking lot
- Hours of business Sunday-Thursday, 11am-midnight, and Friday-Saturday from 11am- 2am.
ASSETS/FIXTURES/EQUIPMENT: (Included in the Asking Price)
- A full equipment list will be provided upon request.
Current lease is $5,000 a month Gross through February 2018, with a 5 year option through 2023.
SALES AND SELLERS DISCRETIONARY EARNINGS:
2016 2015 2014
Sales: $1,597,278 $1,644,204 $1,620,535
SDE $ 174,828 $ 131,370 $ 183,353
Asking price is $199,000. Seller would consider holding a small note for a qualified buyer.
This is certainly a terrific opportunity to own a high volume sports bar/grill. Possibly one of the nicest looking sports bars in the Monroe County area. Current owners have five other businesses, and realize this is very time consuming and want to sell. This is A must see location for a serious buyer.