Business Summary
Asking Price: $625,000
Gross Income: $750,000
Cash Flow: $289,000
EBITDA: N/A
FF&E: N/A
Inventory: $5,000*
Real Estate: N/A
Established: 2006
Employees: 5
Business Description
Highly Profitable Sports Bar!! Act Now
This bar and billiards is doing a great business currently and has tremendous room for growth. The location is 5 steps away form the subway, has 3 buses within 1/2 block and plenty of street parking. Citifield parking is 1/2 mile away! Recently renovated it has 10 pool tables, a private party room, plenty of storage space. There is room for a 2nd bar or kitchen to increase revenue. Total seating is 70 and with additional chairs can hold over 150 for sporting events. The jukebox and poker machines currently bring in great extra income.
Detailed Information
Inventory: Not included in asking price
Facilities: 4400 sq.ft. This bar and billiards is doing a great business currently and has tremendous room for growth. The location is 5 steps away form the subway, has 3 buses within 1/2 block and plenty of street parking. Citifield parking is 1/2 mile away! Recently renovated it has 10 pool tables, a private party room, plenty of storage space. There is room for a 2nd bar or kitchen to increase revenue. Total seating is 70 and with additional chairs can hold over 150 for sporting events. The jukebox and poker machines currently bring in great extra income. this business is poised for growth and will be great for the right buyer! It will go fast, don't miss out! Hours: 3:00 pm to 2:00 am daily.
Competition: Closest billiards hall is 3 miles away
Financing: 1/2 of the asking price down required
Support & Training: 2 Weeks
Reason for Selling: Owner is pursuing other business interests
Property Details