Business Description
A Full-service sports bar and grill in Woodstock, Ga, Townlake area with positive reviews are available for sale. Full menu with burgers and wings along with several unique options. Full-service bar with many liquor options and with domestic and craft beers on tap. Extensive well-maintained billiards and vending machines. The business is a sports bar with a pool hall specialty, ATM and Juke Box. The buildout and equipment are in excellent condition. Dance floor and DJs every Friday and Saturday night with a cover charge, great income from gaming machines, Lottery, Jukebox, ATM Machine, and Pool tables.
We are considering this absentee-run operation as an asset sale with net sales for 2018 of $641,650 and $652,560 for 2017 and $653,274 for the first 11 months of 2019.
Other average monthly income:
Door charge: $3000
Lottery: $2,500
Gaming machines: $2,000
Cigaret Vending Machine: $400
ATM: $250
JukeBox: $2505 years remaining on the lease and an option to renew for another (5 years) with a monthly gross lease of $4,257.
This neighborhood bar and grill have developed a loyal and dedicated clientele with many growth opportunities for an owner-operator. The layout features open spaces, with partitions to create area separation. The large outdoor patio has been covered and air-conditioned. A large base of loyal, regular customers along with new potential customers within walking distance provides a great opportunity for a new owner.Owner is retiring and offering this profitable restaurant at a very reasonable price, this great opportunity will not last.
Signed NDA and Proof of funds are a must to receive any information on this opportunity with no exception.
Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please call us to discover the difference that is. 678-894-8346
Asking Price: $299,000
Gross Revenue: $641,650
Inventory: $5,000
Established: 2011
FF&E: $100,000