Popular Destination Spot for Sports, Racing, Food, and Drinks
| Asking Price: | $700,000 |
| Gross Revenue: | $1,375,000 |
| Rent: | $7,132.97/Month |
| Established Year: | 2012 |
| Cash Flow: | $282,500 |
| Inventory: | $75,000 |
| EBITDA: | $183,500 |
When Opportunity and Location Meet
Across the country, sports bars are the lifeblood of the community. This neighborhood sports bar has built a loyal following with 4.3 Stars on Google, over 592 reviews, and 4.6K followers on Facebook. The menu features local favorites: Beef Chislic, Bang Bang Shrimp, and Pork Belly Burnt Ends. With many more options of American fare, such as pizza, burgers, sandwiches, pasta, and salads.
The business enjoys a host of regulars and draws customers from Huset's Race Track, Hidden Valley Golf Course, and Brandon Golf Course. It is also "the" place to watch Sprint Car Racing! There's tremendous room for growth. People line up to play the lottery games. Adding more of these will allow for more walk-in traffic and keep more people in their seats. Offering private events is another area of growth opportunity. This bar and grill is a turnkey operation, perfect for an onsite owner, semi-absent, or an absentee owner with a general manager.
Approximately 65% of the annual sales are from food. Liquor, beer, lottery, and bar games account for the remaining revenue. The revenue has steadily increased coming out of Covid, with a 30% increase from 2020 ($1,071,535) to 2022 ($1,387,830).
The business employs a staff of 30, plus the owner. The bar and kitchen managers are key employees and will help support the new owner during the transition. The bar manager runs the front of the house and is well-known among repeat customers. The kitchen manager handles the day-to-day operations in the back of the house, including prepping, scheduling, and ordering. Currently, the owner handles the back office books, finances, lottery, and the ATM.
