Established Restaurant & Entertainment Destination Poised for Continue
Asking Price: | $1,250,000 |
Gross Revenue: | $840,558 |
FF&E: | $350,000 |
Cash Flow: | $87,907 |
Inventory: | $40,000 |
Real Estate: | $950,000 |
This well-established American Sports Bar & Grill and Bowling Alley presents a unique opportunity for an entrepreneur to acquire a profitable and growing business. Upgraded and founded in 2014 by a seasoned restaurateur with a proven track record of success, the business boasts a loyal customer base and a reputation for exceptional service and delicious food.
Key Highlights:
• Prime Location: Strategically located with ample seating capacity (270 in the restaurant, 130 in the bowling alley) to cater to a wide range of clientele.
• Turnkey Operation: Impeccably maintained facility with high-quality furniture, fixtures, and equipment – much of it relatively new.
• Proven Success: Pre-pandemic sales consistently exceeded $1 million annually, demonstrating a strong track record of profitability.
• Dedicated Team: Experienced staff of 25 employees committed to ensuring a smooth transition for the new owner.
• Growth Potential: Ample opportunities exist to expand through targeted advertising, menu diversification, and development of bowling leagues and seasonal activities (outdoor volleyball).
• Comprehensive Support: The current owner is committed to providing support and training to ensure a seamless handover.
• Owners Invested Profits into upgrades for the business!
Investment Highlights:
• Upgraded LED lighting throughout
• Fully stocked bar with a diverse selection of beverages
• Upgraded kitchen equipment.
• Upgraded Bowling Alley Equipment
• Addition of Outdoor Volley Ball Courts and Bar Area
• 2022 Revenue: Over $840,000
• 2021 SDE: $87,000
Reason for Sale:
The current owner is focusing on other business ventures.