Manchester/Concord Area Sports Bar

Undisclosed Address, New Hampshire
Business Opportunity for Sale
Catylist Listing ID: 30664693
Property Subtypes: Food and Beverage
Building Size (RSF): 3,375 SF
Sale Price: $149,000
Gross Revenue: $615,000 (Annual)
Cash Flow: $0 (Annual)
Sale Terms: Business, FF&E and Goodwill offered @ $149,000. Owner will offer Seller Financing to experienced & Qualified Buyers.
Last Updated: 11/10/2020

Overview / Comments

Unique Opportunity with GREAT VALUE to Own a Popular & Updated Hillsborough County Sports Bar.

This attractive and regionally recognized establishment is located on a busy highway with great visibility. This Sports Bar has a Fully Equipped Kitchen, comfortable dining area, seasonal outdoor seating and a very inviting Lounge. Menu is easy to execute consisting of popular high quality bar & comfort food selections. The bar features Dozens of Regional & National Draft beers along with signature cocktails.

This comfortable Lounge features bar and high top seating for all televised sporting events. Keno and Pool is also offered as an added revenue stream. Owner has put in over $200K in Upgrades over last 18 Months. Facility is clean, organized and well maintained with seating capacity of 106.. Current hours are currently 3:00PM - 9:00PM (7) days a week.

With 2019 Average weekly sales of Approx. $12,000 Week, this opportunity has tremendous top line and cash flow upside for an experienced operator.
Business, FF&E and Goodwill Offered for Only $149,000 with Seller Financing Available for Experienced Operators

Additional Details

Industry Segment: Bars and Taverns
Reason for Selling: Owner Focusing on other business opportunities
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $82,000
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Real Estate Lease Description: Current Lease Approx. 3,375 Sq. Ft. $11.40 Sq. Ft. Gross
Employee/Labor Description: Absentee Owner Currently has General Mgr. & Kitchen Mgr, along with 14 Full or Part time Employees
Mgmt/Training Support Description: Owner & Mgt. Team will assist in transaction
Competition/Market Description: Very Little competition in this immediate area. A favorite gathering spot for locals

Contact

Photograph of Listing Agent

Jay DelMonte

RE/MAX Innovative Properties
NECPE Member
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