MergerPlace

Bar and Food, Pool Salon and Darts

Florida (Broward)


  • Asking Price: $625,000
  • Gross Income: $913,663
  • Cash Flow: $189,140
  • Real Estate: Not Disclosed
  • Inventory: $10,000
  • FF&E: $40,000
  • Listing ID: #209567
  • Established: 1977
  • Employees: 9 PT

Business Description

Great opportunity to own a profitable and well known Bar/Restaurant located in an industrial area and established in 1977. 90% of sales are liquor, the business owns a 4COP license included in the sales price. Fun place, famous for the beautiful ladies attending the bar. Location is great, high traffic area, close to a hotel and industrial area which are good sources of costumers. Great online reviews. There are 3 pool tables and 12 dart boards were tournaments are played. Pool and dart leagues are organized. Sales and profits have been consistent through the years, excellent books and records.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Florida
County: Broward

Company Information

Year Established: 1977
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 9 PT

Financial Information

Asking Price: $625,000
Gross Revenue: $913,663
Cash Flow: $189,140
FF&E: $40,000
Inventory: $10,000
Seller Financing Available: No

Property Information

Facilities:

Conveniently located, stand alone building. 4,400 sq ft at $7,000 a month. High traffic street.

Growth & expansion opportunities:

New ownership and new ideas will help the business grow. Also more efforts in digital campaigns will definitely help increase the sales.

Competition:

There is a Hooters in the area (2 miles away) and another bar (1 mile away) that caters another crowd. This bar caters construction crowd and local people. They have dart and pool leagues. The prices are cheaper in this bar. Smoking is allowed which is a plus for the type of customers.

Reason for selling:

Too many years in the industry, wants to retire.

Support & Training:

Will train for 2 weeks @ $0 cost. Managerial skills required. The business has a 4COP license.

Contact Business Seller

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Business Listed By:

Andy Fischer

Murphy Business Brokers