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Profitable Sports Bar & Grill with Property

Connecticut

Asking Price: Gross: Cash Flow:
$1,900,000 $1,200,000 $237,000

Furniture and Fixtures Value:
$400,000 (included in the asking price)

Inventory Value:
$0 ( not included in the asking price)

Real Estate:
$0 ( not included in the asking price)

Business Summary:
Why rent when you can be the landlord and operate this profitable, well-established, and popular sports bar and grill. This business has been serving customers for almost 25 years with the same ABSENTEE OWNER! There is seating for 100 people inside at tables or the bar and outside on the patio. There is also a basement.This business has it all - plenty of parking, a loyal customer following and a stable and experienced staff. PLUS, there are three apartments that should generate approximately $40,000 per year! The apartments are also ideal for the owner’s use, the staff of the business or any family.This business earns the owner over $235,000 per year – ABSENTEE!Sports bars are perfect places for an outing involving nothing but pure fun. With screens all around playing live sports, plenty of drink choices, delectable food, and the company of friends – there is nothing but fun and more fun to have when you are in a sports bar.This is a fantastic opportunity to own a very successful sports bar and grill, be your own landlord and pay rent to yourself, while generating additional revenue from the rental apartments. Please refer to listing number 15290 when inquiring about this opportunity.

 
   
   
Number of Employees: 14  
   
Owner willing to train: Yes  
 

 

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