Established Sports Bar For Sale
Undisclosed Address, Maine
Business Opportunity
for Sale
| Catylist Listing ID: |
30843335 |
| Property Subtypes: |
Food and Beverage
|
| Building Size (RSF): |
6,000 SF
|
| Sale Price: |
$185,000 |
| Year Business Established: |
2018 |
| Gross Revenue: |
$571,224 (Annual) |
| Cash Flow: |
$105,898 (Annual) |
| Cash Flow Type: |
Sellers Discretionary Earnings |
| Sale Terms: |
Cash to seller |
| Last Updated: |
9/4/2023 |
Overview / Comments
|
Excellent opportunity to acquire this established Sports Bar in York County, Maine. A local favorite where there is always something fun going on. Live music, karaoke, pool tables, trivia contests, cornhole contests. DJ music, large screen TVs, arcade games and more. Wide variety of beer and cocktail offerings and food menu also. Many avenues to grow the business. Contact Broker for more information.
|
Additional Details
| Industry Segment: |
Bars and Taverns |
| Reason for Selling: |
Seller is moving and changing profession. |
| Value of Inventory Included ($): |
$20,000 |
| Value of Furniture, Fixtures, and Equipment ($): |
$134,350 |
| Real Estate Status: |
Leased |
| Value of Real Estate Included ($): |
$0 |
| Real Estate Lease Description: |
6,000sf at $5,000/month with plenty of convenient free parking. |
| Employee/Labor Description: |
3 FT and 3 PT employees |
| Mgmt/Training Support Description: |
2 weeks of training and support included. |
| Competition/Market Description: |
There is nothing comparable in the city. Significant city revitalization in progress and planned addition of 90 new apartments nearby. |
| Growth/Expansion Opportunities: |
Open for lunch and open on Sundays would add to the income. Currently not open for lunch and closed on Sunday. |
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