$900K Sales-Legendary Upstate Sports Bar

Greenville County, SC

Seller Financing Available

listing image
Asking Price:$505,970
Gross Revenue:$987,566
Rent:$5,300/Month
Established Year:2023
Cash Flow:$196,252
Inventory:$14,000
FF&E:$170,000
BUSINESS DESCRIPTION

$900K Sales-Legendary Upstate Sports Bar

Owning this hot spot in Greenville County means you skip the rookie mistakes! With an existing sports bar business, you're already set with a game-winning formula that keeps your customers coming back for more. Grow in the end zone with a fully stocked bar and kitchen ready to satisfy any hungry fan.


DETAILED INFORMATION
Location
Greenville County, SC
Inventory
Included in asking price
Real Estate
Leased
Building SF
3,227
Lease Expiration
29/06/2027
Employees
7
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Lease Terms Options: 2 Options for Add'l 3 Years Each at 3% Facilities: 2 Side-by-side 1600+- square-foot units. Four total bathrooms. Large dining area. Two full bars. Full commercial kitchen. Walk-in freezer. Main Street frontage. Good exposure. Walkable. FF&E Overview: Commercial Kitchen, Stove, Fryer, Flattop, Reach in coolers, dishwashing, ice machines, cold prep tables, tables, booths, bar stools, POS System, Seats +-100, 2 Full Bars. FF&E General Condition: Excellent, well maintained and well suited for the business.
Competition
Local neighborhood feel, sports driven and great food and service. Lots of people love sports! When people want to watch games, they go to sports bars with their friends and family. This is a fun places where you can eat a variety of menu items, cheer for your favorite teams, and have a great time together. And guess what? Sports bars make lots of money when they get busy during big games, and fans keep coming back for more fun. This place has the most TV's, Big Screens, 2 bars, 100 seats, and ideal menu for those fan favorites.
Growth & Expansion
The area has experienced a boom with a number of new finished apartments, town homes and development completed in the past 12 months each with 300-500 units. Additionally, with local events and other neighborhood draws the foot traffic and exposure is tremendous. Expand by increasing live music offerings. Add rental of space for private parties. Invite watch parties. Add Pay Per View Watch parties. Partner with local hotels and housing to promote to residents and visitors.
Financing
Owner Terms:$255,970.00 Interest:10% Term Months:60 Monthly Payment:$5,438.61
Support & Training
# of Weeks Seller Will Offer Training: 2
Reason for Selling
Other Business Involvement
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JT
Jim Tatem
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JT Jim Tatem