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Profitable Sports bar #6 Liquor Lic #10715

Phoenix, Arizona

Asking Price: Gross: Cash Flow:
$800,000 $1,300,000 $300,000

Business Summary:
Profitable, established sports bar in growing area with great books, YOY that show sales increases. Original owner looking to retire. Shows Great, Very clean and updated with $100K in state of the art technology upgrades for sports and events. Has income generating pool tables, dart machines, juke box. Perfect patio for events, owner may be willing to carry more than $400K for the right buyer.

 
   
   
Year Business was Established: 2009
   
Number of Employees: 12ft 9pt  
   
Facilities / Terms of Lease: Gorgeous 4000 sqft with huge patio perfect for events, has $100K in sound/entertainment upgrades for sport & events. Immaculate kitchen, 32 tvs, 2 pool tables, juke box, dart machines, all revenue generating licensed for off track betting and AZ lottery ticket sales.  
   
Potential Growth/Expansion: YOY sales increases, patio expansion, hosting events, close to rapidly growing area.  
   
Competition: In growing area, loyal customer base, did $1.3Mil in sales even after being forced to close almost 4 months for COVID shut downs.  
   
Owner willing to finance: $400,000 down and will carry $400,000 for 7% at 84 months  
   
Owner willing to train: Yes  
   
Reason for selling: Ready to retire  

 

 

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