Sports Bar And Night Club With Real Estate
Location Tennessee,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $1682648
Net Profit / Cash Flow $388868
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1997
Number of Employees 20 - 34
Inventory 58000
Relocatable No
Number of Employees 20 - 34
Real Estate Owned
Training Up to 30 days at no additional cost.
Reason for Sale Retirement
Description ASKING: $2,399,000 and includes real estate.
Great atmosphere! Great gathering place! Excellent sports pub and entertainment spot! This Middle Tennessee Adult Sports Bar and Night Club is the number 1 party destination in the area! The facility features two full bars, billiards, electronic games, dance floor with DJ booth, and spans a spacious 7,600 square feet with a patio area. It boasts nightly drink specials, weekly events, and is the place to go to watch the sports game on any one of its 30 HD TVs. Multiple revenue streams through cover charges, event nights, ATM fees, and games. Many loyal patrons support repeat and steady business income. Present location continues to be recognized in the area as a well-known and long time established venue. Situated in a highly visible location. Good signage. Daytime regulars. Very busy locality. Plenty of parking. High volume cash flow. Established ownership for the last ten years; experienced management and employees already in place. Excellent turnkey operation for someone who has experience in the entertainment or restaurant industry. Owner owns the real estate and is included in the asking price.
The building has some 6,000 square feet plus another 1,600 square feet of patio space which is covered and enclose when need be by shutters. The facility is in very good shape and has been constantly maintained on a continual basis. There is a second level which houses storage and two offices that are used by the owner and for privacy with managers and employees for interviewing and training.
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