Established Sports Bar, #12, Family Eatery, Live Music, East Valley!

Mesa, AZ

Seller Financing Available

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Asking Price:$298,000
Gross Revenue:$960,000
FF&E:$85,000
Cash Flow:$120,000
Inventory:$14,000
Established Year:2020
BUSINESS DESCRIPTION

Premium established East Valley Sports Bar. Nice location, #12 licensed with Good Food, Live Entertainment and family atmosphere. Good sized location seating approx 160 with larger Bar area seating 60. New stage area and over 20 Televisions for Sports and other viewing.. Complete kitchen, two full Cooler walk ins and separate walk in Beer Cooler.
Well located street exposure in strong surrounding customer demographic.
Seller shows 2022 net profits of $10k monthly.
Sellers 2023 Six Month gross sales $513k.


DETAILED INFORMATION
Location
Mesa, AZ
Inventory
Included in asking price
Real Estate
Leased
Building SF
5,300
Employees
9
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Facility leases approx 5,300 sq. ft,.located in upper demographic with ample parking.and good visibility. 5 year lease with option. Total monthly rent including CAM, Water and Trash approx $8,682.
Competition
Average.
Growth & Expansion
Seller will explain.
Financing
Seller will finance with larger down payment.
Support & Training
Two weeks or as needed.
Reason for Selling
Family.
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Terry
Tretta, PLLC
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Terry Tretta, PLLC