|
Profitable Neighborhood Sports Bar For Sale
Location Illinois,United States
Asking Price Range $500K - $1.0M
Gross Revenues $687995
Net Profit / Cash Flow $121904
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1976
Number of Employees 10 - 19
Inventory 230000
Relocatable No
Number of Employees 10 - 19
Real Estate Leased
Training Owner will train the buyer at no cost for up to 4 weeks.
Reason for Sale Retirement.
Description This listing is for an established sports bar and grille located in the northwestern Chicago suburbs that is available to a qualified buyer. This profitable, neighborhood sports bar features 35 TVs, 3 big screens and 10 satellites so every game available can watched there. This business prides itself on offering great food thatts a cut above typical sports bar fare. Their menu offers an affordable array of terrific burgers, pasta, pizza, gyros and delicious house specialties. The business has been a fixture in the community for over 30 years building a very large and loyal base of customers. This restaurant features pool tables, 5 dart boards, Golden Tee arcades and various table top trivia games. There are also poker machines that bring in additional income. The bar features outstanding nightly food and drink specials, pool and dart leagues, karaoke and live music. This is a highly profitable business for the owner that consistently generates a cash flow of well over $100,000/year for the owner. In addition, over $250,000 in assets are to be transferred with the business so a new owner could begin turning a profit almost immediately. The seller is willing to finance 50% to a qualified buyer with a 50% down payment. If you would like more information about this profitable sports bar, or if you would like to schedule a site visit, please contact the agent either by phone (770-886-5100) or by email. Asking Price: $510,000
Click Here To Contact Seller
|
|
