Businesses For Sale

Business Type: 
Sports Bar and Restaurant
Location: 
Orange County
Asking Price: 
$560,000
Listing #: 
PCBB #373
Gross Sales: 
$1,033,213
Cash Flow: 
$182,201
Summary: 
Sports Bar & Restaurant featuring: • South Orange County’s Premier Sports Bar & Restaurant • High -end Sports Entertainment in welcoming atmosphere • Clean Books and records • 4,000 sq. ft plus outdoor patio • Authentic recipes & fresh ingredients • 29 + beer taps & 6 wine taps • Cigar & tobacco license • Best Happy Hour around. Period! • Seller financing • Dedicated and knowledgeable staff • Turn-Key Operation The Sellers are long-time experienced operators and have built the business to a very high level in less than 5 years. Currently they work about 20 hours per week during summer and have an excellent system in place as well as a very solid staff. The sales have increased every year and the Sports Bar and Grill is located in an affluent area with strong demographics. Financing options: Seller Financing-The Sellers will also consider financing a portion of the purchase price for a new buyer based on strong financials, good credit, and preferred experience and secured collateral for the note. SBA Financing: The business has solid books and records so a new buyer may be able to secure SBA bank financing. A new owner can also add entertainment which could also enhance the business. There is also a large covered outdoor patio with 2 televisions so customers can also enjoy their favorite game with a drink and cigar All of the features above combined with the fact that there are very few of these types of opportunities available make this top notch Sports Bars and Restaurants a business to pursue. • Sales in 2016 were $1,068,516 and SDE $187,526 Detailed Information Inventory:Not included in asking priceEmployees:12Facilities:The space with the patio is 4,000 sq ft and rent with CAM is around $3 per sq ft which is low by South Orange County rent standards.Growth & Expansion:This is truly a turnkey opportunity. The menu and food are not your average bar food and the Happy hour drives a lot of traffic. Sales have increased every year and the customers feel like it is truly a welcoming neighborhood establishment with great service.Financing:Submit terms-see belowSupport & Training:Training will be providedReason for Selling:Retire