Back to Top

#Business ID: 19221

Get Email Alerts Add to Shortlist
View Shortlist

Sports Bar & Restaurant

Business Location: Rockland, New York, United States

Asking Price: $ 340,000 Revenue: $ 660,000 Cash Flow: $ 170,650

Business Summary

This restaurant offers an owner operator an opportunity to buy a highly profitable business at a low multiple. The current owner cannot devote full time as he has another business.

A great business in a great town with growth potential.

All reasonable offers considered with owner financing.

Facilities: This Sports Bar/ Restaurant is located in a 1,500 SF space in a shopping center with visibility from the main street. The rent is $3,800/month with a 6/5 year lease with 3% increases each year. Real estate taxes and CAM are included. New 10/5 lease will be available. The store was fully renovated in 2009 at a cost of over $400,000.00. It has a fully equipped kitchen, office, outside walk-in box, storage shed, POS system with a single terminal, 10 TV s, jukebox, sound system and full HVAC. There are 48 seats, tables and booths and 22 bar stools.

Property Details

Years Established:

2009

Property Type:

Lease

Other Business Details

Competition:

The restaurant serves moderately priced American Pub Fare and has excellent on-line reviews. The chef is a Culinary Institute of America graduate who supplements the menu with creative specials. The bar is always busy with local bartenders with a strong local following. All staff will stay on. The restaurant is open for lunch and dinner 7 days. There are nightly specials and entertainment. The restaurant is kid and family friendly. Most popular menu items are salads, wraps, special sliders, burgers and wings. Since starting business in September 2009, this restaurant has increased sales each year.

Expansion Potential:

There are many large companies in the area to increase happy hour traffic. Outside catering has not been actively pursued. Weekend brunch can be added. The owner does not do much active promotion to the many senior citizen complexes close buy and generally the owner has built the business on word-of-mouth and community sponsorship. A more robust marketing campaign would increase traffic. There is a permit for outside seating which will generate increased summer business in a period that is usually slow.

Business Operation Details

Employees:

18

Support & Training:

Owner will transition.

Miscellaneous Details

Financing Available:

Yes
Up to 25% to qualified buyer.

Reason For Selling:

Other business.

Contact this seller

Already a Member? login

Fields marked with a * are mandatory












CAPTCHA image
*Please enter the 5 digits as they appear in the image on the left.
 Yes I wish to receive the monthly newsletter and other emails directly from SellAnyBusiness.com
 I have read and agree with the Terms & Conditions & Privacy Policy

SellAnyBusiness.com

Copyrights © 2020 All Rights Reserved by SellAnyBusiness.com



BUY OR SELL SAFE

Follow your passion - find and buy the business that fits your dream. Buy it Safely!!