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: 5/18/2023

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.

Contact

Photograph of Listing Agent

Edward Larochelle

Magnusson Balfour/KW Commercial a div. of Keller Williams Realty
NECPE Member
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