MergerPlace

Pool Hall & Bar

Missouri (Greene)


  • Asking Price: $1,500,000
  • Gross Income: $521,583
  • Cash Flow: Not Disclosed
  • Real Estate: $1,200,000
  • Inventory: Not Disclosed
  • FF&E: $176,000
  • Listing ID: #226804
  • Established: 1985
  • Employees:

Business Description

This company has been entertaining its customers in Springfield, Missouri for over 30 years. It is widely known throughout Southwest Missouri as not only a great pool hall but also a relaxing place to have something to eat and a delicious adult beverage. In addition to this, the attached comedy club has been a staple in the community for years and brings some major comedians to entertain its patrons. Unfortunately, the business was forced to close, along with all other bars and restaurants, when the Covid 19 pandemic hit the United States in March of 2020. Ownership made the difficult decision not to reopen when it was allowed and have decided to sell the property and the assets.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Missouri
County: Greene

Company Information

Year Established: 1985
Home Based: No
Franchise: No
Relocatable: No
Number of Employees:

Financial Information

Asking Price: $1,500,000
Gross Revenue: $521,583
FF&E: $176,000
Real Estate: $1,200,000
Seller Financing Available: No

Property Information

Facilities:

The location is fantastic. Right at one of the busiest corners in the downtown area the visibility is great and they have the signboard out front where they can display messages of their choosing regarding events going on at the space. The business is within walking distance of anyone that lives downtown which is great because people don’t have to worry about driving and parking. They can simply walk out their front door and be sitting down for a drink within 10 minutes.

Competition:

There are plenty of other bars and restaurants in in the area. However, there is not another pool hall that also serves food and drinks and has an event space for comedy or whatever ownership chooses to use it for. This space clearly has things to offer that others don’t. However, in the entertainment business, it can be good to have other destination type businesses in the area. For example, a brewery next door is a good neighbor to have Patrons of the brewery might have a few beers and then head next door for a bite to eat or a game of pool. Or, if the brewery or other nearby establishments are full customers might just walk to a nearby place because it is easier than driving somewhere else. These businesses feed off each other and it is a great situation to be in such close proximity.

Reason for selling:

The current owner and her children have operated the business since it was founded in 1985. She and her family, while not involved with the day-to-day operations, have always been involved with the direction and oversight of the business. They look forward to passing the business on to ownership that has fresh energy and ideas that will continue to serve the community moving forward.

Support & Training:

Will train for 4 weeks @ $0. This venue can provide the following: · Recreational pool on 16 tables · Pool tournaments of every variety · Pool Leagues · Beverages of the adult and non-adult variety · An excellent menu of sandwiches, salads and bar food · A relaxing environment in the heart of the city · Comedy shows on a regular basis · Private events upon request

Contact Business Seller

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Business Listed By:

David Hamm

Murphy Business Brokers