Sports Bar and Night Club
Asking Price: | $1,750,000 |
Gross Revenue: | $1,500,000 |
Established Year: | 2019 |
Cash Flow: | $300,000 |
FF&E: | $50,000 |
This is really two businesses in one. On one side you get the sports bar style restaurant which has 15 tables and seats 22 at the bar. Then on the other side there is a very popular night club. This is truly a turn-key business that is operating very successfully. The facility was almost completely remodeled in 2023. This major remodel includes things like a new roof, ac units, hood system, kitchen equipment, electrical and plumbing The restaurant side also has a new full service bar.
During lunch and dinner hours this sports bar style restaurant occupies about 2,000 square feet of the building and it stays very busy. Although the current concept is a sports bar, the food and beverages are more upscale and very classy. They offer a menu that includes sushi, steak, lobster, and signature cocktails. At night the other 1,000 square feet of the building is transformed into a packed high class night club!
This is a great opportunity for a new owner who understands the restaurant and night club industry. This is probably a good fit for someone with fresh ideals on how to grow the business through promotions and marketing. Obviously the right new owner would understand there is a lot of cash in a business like this which has its own set of challenges and benefits. The current owner is happy to stay on to help train the new owner and ensure a smooth transition.
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