616 Sports Bar & Grill

Business Opportunity for Sale
Catylist Listing ID: 29999305
Property Subtypes: Food and Beverage
Building Size (RSF): See Agent
Sale Price: $199,000
Name of Establishment: 616 Sports Bar & Grill2016
Business Website Address: www.616sportsbar.com
Year Business Established: 2016
Gross Revenue: $400,000 (Annual)
Cash Flow: $60,000 (Annual)
Relocatable Business: Yes
Sale Terms: Cash
Last Updated: 6/23/2017

Overview / Comments

New 3,900 SF bar, located in the Bretwood Centre off Breton and 44th Street. Fully equipped with all FF&E included in sale. Long-term lease in place at below market rate. Site has potential for expanded restaurant capabilities including breakfast and lunch. Bar can also seat an additional 40/50 people with brand new patio area. Over 11,000 cars per day with several retailers surrounding bar; great co-tenancy. Financial information provided to qualified purchasers. Business Only for sale; no real estate included.

Additional Details

Industry Segment: Bars and Taverns
Reason for Selling: Ownership split/moving
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Employee/Labor Description: 6 employees
Mgmt/Training Support Description: Seller will provide training

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,659 91,116 212,553
Median Age: 36 35.35 33.91
Households: 6,011 36,848 78,675

Contact

Photograph of Listing Agent

Joe Rizqallah

Signature Associates

Source

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