MergerPlace

Upscale Billiard Hall Restaurant and Bar

Oklahoma (Oklahoma)


  • Asking Price: $500,000
  • Gross Income: $180,000
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: $20,000
  • FF&E: $192,800
  • Listing ID: #211854
  • Established: 2018
  • Employees: 5 FT / 1 PT

Business Description

This well-established Restaurant, Bar and Billiard hall with full interior bar that has a growing loyal customer base is available for acquisition. This is a turn Key business opportunity with great potential. This well-maintained restaurant, bar and billiard venue is located in the OKC area. This business is located in a premier strip mall positioned on a major thoroughfare allowing for high visibility and traffic counts with a controlled intersection nearby. This Bar, Restaurant and Billiards Hall is in its first year and has a strong potential for growth. With over 5000 square feet for food, fun and entertainment is a perfect venue for company team building, entertainment, food and private parties. All equipment, inventory, supplies, assets both tangible and intangible are included in the transfer. The business has a great repeat customer base.

The business has 8 State of the Art Billiard tables, food, beer, darts, shuffle board, Pool leagues and tournaments. If you’ve always wanted to own something and have fun at the same time, then this is the place for you. Most of the customers are individuals and families in their 30s and upwards that live in the surrounding area of densely populated residential neighborhoods as well as many who are dedicated Billiard aficionados from all over the city.


Business Details

Primary Business Category: Amusements, Entertainment, Other
Location: Oklahoma
County: Oklahoma

Company Information

Year Established: 2018
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 5 FT / 1 PT

Financial Information

Asking Price: $500,000
Gross Revenue: $180,000
FF&E: $192,800
Inventory: $20,000
Seller Financing Available: No

Property Information

Facilities:

The business is located in a very high profile area and strip center in a very popular area of North OKC in a 5000 square feet leased location. The property is adjacent to and in the heart of high density residential developments along with well-established national businesses such as a Restaurants, Banks and National Drug stores just to mention a few. The business hosts Billiard tournaments and Leagues regularly, along with national tournaments. The current owner is seeking an individual who loves people and has a passion to continue the great culture that inspires the clients.

Growth & expansion opportunities:

Growth potential for this business is great. The current owner has invested a large percentage of the early business profits in marketing including direct mail, happy hour, live music entertainment, social media, flyers, daily promotions, weekly pool tournaments and building a super website. This business has everything in place for a buyer to proactively market this business while being fully involved in the day-to-day business operation or as a passive investor. This is an outstanding opportunity to own a prestigious business venue in a fun atmosphere.

Competition:

Competition is expected for this business industry, but the competitors have a completely different customer demographic and clientele. In addition this business provides a more inviting atmosphere and is family friendly with a smoke free environment which sets it apart. There are no competitors within the immediate market area and the business has plenty of parking spaces for larger seating capacity up to 40. In addition, the business has a private room which can be used for office meetings, parties and much more. The business prides itself on providing its clientele with personable service in convenient and well-maintained facilities which feature top-quality Billiard equipment in a smoke-free environment and super clean location.

Reason for selling:

The owners have other business opportunities that will consume their time going forward.

Support & Training:

Will train for 2 weeks @ $0 cost. No special licenses are required to own this business. The business requires an Oklahoma liquor license and a food handlers license.

Contact Business Seller

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Business Listed By:

Geary Welch

Murphy Business Brokers