Highly Profitable Sports Bar in Prime Location
Asking Price: | $695,000 |
Gross Revenue: | $1,458,254 |
FF&E: | $20,000 |
Cash Flow: | $321,273 |
Rent: | $14,172/Month |
Step into ownership of a well-established, highly profitable sports bar with a unique Latin flair, located in a prime spot within a major Renton shopping center. With over 12 years of success and a loyal customer base, this vibrant venue offers an exceptional investment opportunity.
Key Highlights
• Strong Earnings: Seller’s Discretionary Earnings (SDE) exceed $240,000, providing a return on investment in just over three years.
• Large-Scale Operation: Fully staffed with 14 employees, ensuring smooth operations and ready for a hands-on or semi-passive owner.
• Diverse Revenue Streams: Beyond daily sports events, the business thrives on live music, trivia nights, bingo, and catering services, attracting a wide range of customers and generating steady additional income.
• Prime Location: Situated in a bustling shopping center with high foot traffic and visibility.
• Catering Business: Adds an extra layer of revenue and brand exposure.
Perfect Buyer Profile
This is an ideal opportunity for someone with restaurant or hospitality experience, a six-figure liquid net worth, and good credit, particularly for those considering financing with an SBA loan. It would also be a great investment for an established restaurant management group that is looking to add another profitable location to their portfolio.
Why Sell?
The current owners, who purchased the business four years ago, are relocating and ready to pass on this thriving venture.
Don't miss the chance to own this turnkey sports bar with a loyal following and plenty of growth potential. Inquire today to learn more about this exciting opportunity by completing the Contact Form. We will automatically send you an NDA, which you can sign on your phone, and then you will automatically receive the marketing packet. After reviewing the marketing packet, please contact Josh Woo at josh.woo@fcbb.com to move forward with the acquisition.