Fast Growing Sport Bar in Mall Location #000331

Dallas, TX (Dallas County)

Fast Growing Sport Bar in Mall Location #000331

Asking Price:$395,000

Cash Flow:$225,000

Gross Revenue:$925,000

EBITDA:N/A

FF&E:$150,000

Inventory:$5,000*

Rate/Sq. Ft.:N/A

Established:2013

*not included in asking price.

Fast Growing Sport Bar in Mall Location #000331

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Business Description

Sports bar located in Northeast Dallas with strong menu and rapidly growing sales is available for acquisition. Established and acquired by the current owner of the business in 2013. Few bars are within the immediate market area, but none are exclusive sports bar and tend to a different demographic. Customer demographic through lunch and dinner service vary as a majority of customers during lunch service are individuals from the nearby office buildings to the nearby apartments. During dinner service, families from adjacent cities from this location make the majority of night time customers. Sales average is around $820,000 - $830,000/year in 2015 and has had a drastic increase since 2014 which is expected to increase further for 2016. Various forms of pro-active marketing are done from the owner such as flyers, online ADs, online delivery, and through social media outlets. Each year, sales are rapidly growing on a consistent basis through the owner’s pro-active marketing. The sales growth can be further increased with weekly deals or happy hour for regular customers. Interior of the sports bar has a custom-made bar, espresso machine, and a wood firestone pizza oven to make high quality pizzas. Products provided on their menu consists of various appetizers, calzone, wings, salads, burgers, sandwiches, house specials, and a long list of alcoholic beverages to accommodate each individual's meal. Although this sports bar has only operated for 2 years, the rapid sales growth and general local popularity is strong indicator to the acquisition of this business.
For more info, please call Moon Kim at 1-866-519-2421.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building Sq. Ft.:
N/A
Lease Expiration:
N/A
Employees:
6FT/7PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Located in a retail outlet mall beside various office buildings and apartment complex. All equipment is in impeccable condition and in working order.
Competition:
Bars are located in the immediate market area, but none are sports bars and other bars have different demographics than this sports bar.
Growth & Expansion:
This sports bar is very pro-active in marketing and is growing sales rapidly since establishment. Other various forms of marketing can grow sales even further to reach full potential.
Financing:
100% down at the time of closing or 50% Cash Down with SBA Financing for Qualified Bu
Support & Training:
Owner will provide training during a 4 week period to smooth out transition into the business.
Reason for Selling:
Other Opportunities.

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V-AID Group, Inc.

Business Listed By:
V-AID Group, Inc.

www.v-aidgroup.com

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers.

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