MergerPlace

Sports Bar

Ohio (Lorain)


  • Asking Price: $165,000
  • Gross Income: $807,678
  • Cash Flow: $62,617
  • Real Estate: Not Disclosed
  • Inventory: $14,000
  • FF&E: $34,965
  • Listing ID: #223635
  • Established: 2013
  • Employees: 12 FT / 12 PT

Business Description

Neighborhood Sports Bar with 30 beers on tap! This local favorite features fourteen TVs, a pool table, a party room, Touchtunes Jukebox, and loves it’s trivia events! A great place to watch the game and enjoy a Burger & Fries or some Chicken Wings with any of 19 different wing-sauces. This location has been a well-known neighborhood bar for over 30 years and includes a series of liquor licenses allowing operation 7 days a week until 2:30AM. Like many, this business has had to whether the Covid Storm this year and has done fairly well adjusting their establishment for social distancing and with increased To-Go food preparation. Pre-pandemic, the max occupancy was a hefty 195 people featuring a 72-seat party room, 18 bar stools, 22 tables, and a patio. The decision to sell was made before the pandemic hit as the owner has decided to pursue other business opportunities with his son.


Business Details

Primary Business Category: Retail Trade - Liquor Stores
Location: Ohio
County: Lorain

Company Information

Year Established: 2013
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 12 FT / 12 PT

Financial Information

Asking Price: $165,000
Gross Revenue: $807,678
Cash Flow: $62,617
FF&E: $34,965
Inventory: $14,000
Seller Financing Available: No

Property Information

Facilities:

5825 sf located in a busy strip center with ample parking. Max occupancy 195. 14 TV's, Patio, Pool Table, Video Games, ATM, and 72 Seat Party Room. Rent is approximately $4,600 per month.

Reason for selling:

Other Business Interests.

Support & Training:

Will train for 4 weeks @ no cost D1,D2,D3,D3a,D6 liquor licenses suitable for operations 7 days a week until 12:00am.

Contact Business Seller

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Business Listed By:

Bill White Jr

Murphy Business Brokers