High Cash Flow Sports Bar in PGH East Suburbs
Asking Price: | $550,000 |
Established Year: | 2006 |
Cash Flow: | $225,000 |
Well-known bar for sale with high profit and low overhead, known for attracting pool and dart leagues as well as plenty of regular drinkers. This establishment boasts a successful business model and dedicated employees.
1. Profitability: This bar has a history of generating substantial profits, indicating a strong customer base and effective inventory management.
2. Low Overhead: This business is efficient in its operations and inventory control, keeping overhead costs such as food/beverage, utilities, and staffing expenses to a minimum.
3. Attractive Amenities: Patrons gather to watch their favorite sports events on multiple screens. The inclusion of pool and dart leagues enhances the bar's appeal, attracting both competitive players and spectators. This creates a lively and engaging environment easily managed by their experienced staff.
4. Drinkers' Haven: The bar is well-known for serving quality beverages, and it has a reputation for being a go-to spot for those who appreciate a wide selection of creative cocktails and drinks.
5. Turnkey Operation: This bar is positioned as a turnkey operation, meaning it is ready for a new owner to take over without significant modifications or investments.
Overall, this establishment presents a promising investment opportunity for someone looking for success in the hospitality industry with a business that has a proven track record of profitability and a well-established customer base.
The Numbers
Liquor License: Allegheny County "R"
Sq Ft: 1,600SF Bar & Kitchen / 4,500SF Overall
Seats: 65 / Potential for Outdoor Seating
Listing Features
FF&E: Everything including updated POS, complete camera system, flat-screen TVs
Owned or Leased: Asking price does not include RE / Opportunity to purchase
Opportunity: Potential for Owner to live on-site and/or purchase RE / Over 2000 sqft additional space