MergerPlace

Sports Bar

Ohio (Lorain)


  • Asking Price: $135,000
  • Gross Income: $740,000
  • Cash Flow: $55,669
  • 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! If you love Cleveland Football, this is the right place for you! Featuring fourteen TVs, a pool table, a party room, Touchtunes Jukebox, and 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 endure the realities of the global pandemic and has done fairly well adjusting their establishment for the restrictions in place, including an increased emphasis on To-Go food preparation. The facilities feature a 72 seat party room, 18 bar stools, and 22 tables with seating. The decision to sell was made before the pandemic hit as the owner has decided to pursue other business.


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: $135,000
Gross Revenue: $740,000
Cash Flow: $55,669
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