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Sports Bar w/ Patio - Franchise

Southeast Valley, Arizona

Asking Price: Gross: Cash Flow:
$775,000 $1,006,474 $130,447

Furniture and Fixtures Value:
$564,392 (included in the asking price)

Inventory Value:
$20,000 ( not included in the asking price)

Business Summary:
Great Sports Bar located in a busy shopping center with a major grocery store anchor. Seats 93 inside and 76 on the 1000 sq ft Patio. Patio is perfect for private parties & is all set up with TV's, a Bar, ceiling fans & misters. Bar is separated from the dining room & Kitchen is fully equipped with state of the art equipment. Owners love Arizona but must relocate because of health. This is truly a neighborhood Sports Bar that caters to the sports fans in the area! Landlord is expanding & adding an additional 1900 sq ft to the premises and moving the patior to the front. He is doing all of this at no expense to the Owner. Right now they are packed to capacity almost every night. So the addition will be a big plus for their business.

 
   
   
Year Business was Established: 2003
   
Number of Employees: 23 pt  
   
Facilities / Terms of Lease: 3436 sq ft + 1000 sq ft Patio. Monthly rent $8,363. Lease expires Jan 2011 & has (2) 5 year options to renew. Lease deposit is $7,520.  
   
Owner willing to finance: $325,000 down & re-negotiate the note.  
   
Owner willing to train: 1 month  
   
Reason for selling: Relocating due to health  
 

 

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