Locals Favorite Sports Bar with Strong Year-Over-Year Growth
Basalt, CO
| Asking Price: | $245,000 |
| Gross Revenue: | $846,275 |
| FF&E: | $50,000 |
| Cash Flow: | $184,498 |
| Inventory: | $12,000 |
| Established Year: | 1995 |
Listing ID: 2002383Listing provided by BizBuySell
BUSINESS DESCRIPTION
Strong Growth and Loyal Following
Opportunity to own one of the most well-known and longest running bars in town, with a rich history and loyal clientele! Pool tables, arcade games, big screen TV’s and kitchen with pizza oven. Sales in 2023 grew 60% over 2022 and are double 2021. If you are looking for a streamlined operation where you do not need to re-invent the wheel, and a business with strong local support, this could be the best deal you find. Potential buyers will be asked to complete buyer registration, sign a non-disclosure, interview with broker and provide evidence of the resources to complete a transaction of this size before additional confidential information will be provided.
DETAILED INFORMATION
Location
Basalt, CO
Inventory
Included in asking price
Real Estate
Leased
Employees
5
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
3,335 sf of leased space (new lease with renewal options began January 1, 2024) with signage visible from busy Highway 82.
Competition
Location with little competition, other restaurants, have bar seating, but no other local sports bar with pool tables and pub menu.
Growth & Expansion
Growth could come from expanding social media advertising, adding more live music events, being open for lunch and/or doing more outside catering.
Financing
The Seller will entertain offers of varying financial and legal structures.
Support & Training
Seller will provide effective training and knowledge transfer to the Buyer in all matters relating to Company operations.
Reason for Selling
Retirement
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