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Nebraska Bars or Taverns For Sale

20 Nebraska Bars or Taverns For Sale Found.

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5-Star Dining in Small Town Café Unique dining experience in local community profiting over $92,000
$80,000 Cash Flow: $93,698 Seller Financing
5-Star Dining in Small Town Café Unique dining experience in local community profiting over $92,000

Cass County, NE

Description Unique dining experience in local community profiting over $92,000. With two distinct types of authentic cuisine, this one of a kind restaurant had profits of more than $92,000 in its 2nd year of operation. This restaurant has no direct competition due to its unique combination of menu items. Glowing reviews on popular social media sites and at least three food critics in newspapers of nearby cities have made this a destination for foodies from out of town in addition to the consistent rush of in town customers thankful to have such a restaurant in their town. With a setting in a recently restored and renovated downtown location just minutes outside of Omaha, this business has a lease of only $500/month in a beautiful historic building with a fresh buildout. Business has continued to grow in 2016, with many expansion opportunities for a new owner to explore such as catering for the expanding business and private community, opening the business two extra days per week, creating a European breakfast menu and opening for breakfast, and hosting culinary classes and events. A buyer with a 20% down payment can expect to make a 506% return on their initial investment in the first year! This represents a Net Operating Income of $80,984. Business Information Year Established: 2014 Location and Service Area: Cass County NE, 20 minutes from Omaha Attracts lots of people from Omaha and Lincoln Capacity: Seating for 35 indoor and 12 on patio Lease: $500 per month Reason for Selling: Retiring and moving out of state Employees: 1 Full-time wait staff, 1 full-time cook, 5 part time wait staff Hours: Tuesday thru Saturday 11:00am to 9:00pm Seller Training Period: Up to two years/negotiable Growth Opportunities: Get a catering license. Open Sunday and Monday or use for private in-house catering events. Open for European breakfast. Unique culinary classes/events. Current Owner’s Responsibilities: Bookkeeping, Payroll, Cooking Financial Overview List Price: $80,000 Gross Sales 2015: $298,119 2014: $191,266 Owner Profit/Cash Flow 2015: $92,772 2014: $60,287 YOY Growth/Sales Trends: Sales growth of 56% in 2015 Profit Margin: 31% Multiple: 2.4 *Multiples range from 1-5, with the average being 3 Valuation: 2015 Cash Flow x Multiple = Price $92,772 x 2.4 = $222,653 Assets Included in Purchase: $81,185 Equipment: $34,862 Intangible Assets: Website Buildout. 5 star Yelp ratings, tons of excellent Facebook reviews, #1 Restaurant in the state for one major newspaper. Glowing newspaper/food critic reviews. Excellent word of mouth reputation. Build-out: $46,323 Inventory: $2,500* *amounts may vary Funding Example Purchase Price: $80,000 20% Buyer Down Payment: $16,000 20% Seller Financing: $16,000 60% Bank Loan: $48,000 A buyer with a 20% down payment can expect to make a return on investment of 506%! This is a Net Operating Income of $80,984.

Bar and Grill in growing historic area Growing Historic District Bar!
$140,000 Cash Flow: $67,435
Bar and Grill in growing historic area Growing Historic District Bar!

Douglas County, NE

Long established bar and grill in growing historic nightlife destination area is now for sale. The bar has a 25 year history with a loyal customer base. Bar has a friendly staff always ready to serve up burgers, wings and beer. Customers enjoy keno, darts, pool and oh ya don't forget beer, lots of beer. Currently absentee owned, the bar has a full time manager assistant in place. Perfect opportunity for an owner operator or experienced bar manager.

Two BBQ Restaurants -$350,000 Incredible Cash Flow!!!
$350,000 Cash Flow: $169,000 Seller Financing
Two BBQ Restaurants -$350,000 Incredible Cash Flow!!!

NE

These two Texas Style BBQ restaurants have served as staples to their Midwest Communities for over 10 years. Their extensive menu coupled with the southern atmosphere is what keeps their customers loyal and frequent. This translates to over $150,000 in cash flow and over 1.3 million in sales. Your cash flow can be increased based on your purchase options through us. Included are full bars in both locations, a huge dining hall which is booked weekly and available for special events. Catering adds additional revenue to this exciting opportunity using their state of the art Meat Smokers for that fall off the bone BBQ this area has depended on. Management outside of the sellers is in place leaving your ownership as active as you would like. Contact Chris Nielsen Senior Business Broker- Results Busines Advisors. Chris.nielsen@resultsba.com (402)957-3275

Managed Pizza Restaurant with Full Sports Bar
$150,000 Cash Flow: $85,400
Managed Pizza Restaurant with Full Sports Bar

Omaha, NE

This award winning fully managed family pizza restaurant is the only one-of-its-kind within a 500 mile radius. Recently remodeled with new services and menu, this restaurant and sports bar has steadily rising revenues. The current lease is set at 10% max of revenue but could be negotiated for longer than the remaining 2 years. There is an excellently managed staff currently in place, yet the new owner could capture $60K in personal income if he/she chooses to manage the restaurant themselves. The open hours of operation for this business are about 40 hours a week. This is a perfect time to invest in this pizza restaurant/sports bar. The current owner will stay as long as needed to help with all training and adjustments.

Wine Lounge/Restaurant For Sale - Omaha
$299,711
Wine Lounge/Restaurant For Sale - Omaha

Omaha, NE

Turn the key to profit at this sophisticated wine bar and restaurant located in the heart of The Capitol District in vibrant Downtown Omaha! Within minutes to Century Link Center, Holland Performing Arts, TD Ameritrade Park and more, this business comes complete with full kitchen, equipment & upscale furnishings. Offers enough space for a tasting room, and private parties from 25 up to 150 for exclusive events. Come discover this elegant urban destination! * Business only for sale. * Located near 10th and Dodge, within close proximity to many entertainment venues including the Holland Performing Arts Center, Century Link Center, the Old Market and more! Discover this fantastic opportunity located in the vibrant Capitol District in downtown Omaha.

Well established Omaha Neighborhood bar for sale
$175,000 Cash Flow: $44,000 Seller Financing
Well established Omaha Neighborhood bar for sale

Omaha, NE

This neighborhood bar has been a fixture in its area for over 65 years, giving it a very well developed group of regulars to keep it busy. Keno and pickle cards in house provide additional streams of revenue.Bar all so has an onsite kitchen that the owners are currently not using that could be reopened to further increase revenue. ------------------------------ Seller Representative: Jethro Hopkins 402-217-2833 -------------------------------

Cheers-Type Bar since 1984
$140,000 Cash Flow: $39,265 Seller Financing
Cheers-Type Bar since 1984

Omaha, NE

Description Loyal clientele and tenured staff (1 FT & 4 PT [Average tenure is over 5 years]), this owner only works 1 day per week. Established in the middle of the city, with interstate access, providing a watering hole to all types of individuals. The bar is fully equipped with the furniture, equipment, and inventory that is needed; valued at $65,000! The chairs are comfy, and the bar is just dark enough to be cozy and intimate. The tenured bartenders have a warmth to them that you don’t see everywhere which is why customers make this a regular spot for happy hour. Professionals & Blue Collar, medium age (30-55) is the main demographic of this establishment. The layout of the facility is comfortable and open with a sunken bar and plenty of seating options. This is a nostalgic establishment with a solid client base. The Owner is willing to stay on and train for a period of 90 days post sale, if needed. There is a large growth opportunity for the business by starting a reverse happy hour program; this would begin drawing in the younger crowd (20’s). The business could also sponsor softball or other sporting teams in the area to grow weekday late evening hours. Business Information Years in Business: Est. 1968 Location: Omaha, Nebraska Service Area: Within 1 mile from Interstate 80 Demographics: Professionals & Blue Collar ~ medium age (30-55) Clientele: Several regulars with the draw of new customers Lease: 2,000 sq./ft. at only $2,500/month lease Reason for Selling: Owner’s construction business is growing and taking all this focus Employees: 1 FT & 4 PT (Average tenure is over 5 years) Hours: Mon-Wed 12pm to 12am, Thurs 12pm-1am, Fri-Sat 12pm-2am & Closed Sunday Current Owner’s Responsibilities: QuickBooks, Ordering And Monthly Scheduling (Only 1 day/week) Financial Overview List Price: $ 140,000 Gross Sales 2015: $168,934 (Annualized) 2014: $157,058 Cash Flow/Owner Profit: $39,265 (Industry Standard 25%) Assets Included in Purchase: $72,000 Furniture & Fixtures: $40,000 Equipment: $10,000 Leasehold Improvements: $15,000 Inventory: ~$7,000 *amounts may vary Funding Example Purchase Price: $ 140,000 Seller will Finance 15% of Purchase Price

Eclectic Lounge and Night Club in Old Market
$105,000 Cash Flow: $39,601 Seller Financing
Eclectic Lounge and Night Club in Old Market

Omaha, NE

Description Trending new concept featured on national TV with lines out the door! The eclectic atmosphere and popular location of this establishment guarantee a vibrant mix of clientele coming from a variety of demographics. Featuring a website with reservation capability, Facebook with over 5,000 likes, and a twitter account, this venue carves a niche market that has proven very popular in its current location. The current owner has decided to move back to his home state and start a similar venue there. He is willing to provide 90 days of transition and support with extra negotiable. When this venue was featured on TV, a $10,000 bar was put in a second room. This has since been only used for storage, but presents a strong growth opportunity with minimal work for a new owner. After all debts and expenses are paid, a buyer with a 10% down payment of $10,500 should profit $22,056, or make a 210% return on investment in the first year. Financial Overview List Price: $105,000 Gross Sales 2015: $281,146 2014: $289,537 Owner Profit/Cash Flow 2015: $39,601 2014: $42,305 Multiple: 2.7 *Multiples range from 1-5, with the average being 3 Valuation: [2015] Cash Flow x Multiple = Price $39,601 x 2.7 = $106,922 Business Information Year Established: 2010 Location and Service Area: Old Market, Omaha NE Lease: $30,146 per year for 4,500 sq. ft. Reason for Selling: Moving back to hometown state to start venue there Hours: Sun.-Wed. 7PM-12AM, Thurs.-Sat. 7PM-2AM Seller Training Period: 90 days, additional negotiable Growth Opportunities: Full bar in back is currently used for equipment storage Current Owner’s Responsibilities: management, taxes, payroll, scheduling, inventory management, basic maintenance Funding Example Purchase Price: $105,000 10% Buyer Down Payment: $10,500 25% Seller Financing: $26,250 65% Bank Loan: $68,250 After all debts and expenses are paid, a buyer with a 10% down payment of $10,500 should profit $22,056, or make a 210% return on investment in the first year.

Extremely Popular Omaha Sports Bar
$357,000 Cash Flow: $155,349 Seller Financing
Extremely Popular Omaha Sports Bar

Omaha, NE

DESCRIPTION An absentee owned bar and grill with more than $155,000 in profits. This sports bar is one of the most popular hangouts in Northwest Omaha, no matter the day of the week. With a dozen TV’s, drinks, and food, it is no wonder the business gives its customers as much room as possible in the 2,998 sq. ft. building. With a huge patio and two fire places, stepping out for some fresh air to watch the game or just chat is nice perk to its location. Located near major shopping centers and a major road, the customers are never far away. With food options from freshly made pizza and burgers to wine or cold beer just pulled out of their walk-in cooler customers are sure to never tire of the same old food. Currently not open for lunch, an easy way to boost profits for this sports bar would be to expand hours. This bar and grill has achieved a solid foothold in the sports bar industry. And with the amazing atmosphere, owning this business can be an attractive, easy, and smart investment. With a down payment of $44,625, a Buyer can expect to profit $97,694 in the first year. This represents a 219% return on investment! BUSINESS INFORMATION Years in Business: 16, Moved to Upgraded Location in 2012 Location: Northwest Omaha Capacity: 148 Indoor, 48 Outdoor Building: 2,998 Sq. Ft. Reason for Selling: Retiring in Florida Employees: 1 Manager, 1 Head Cook, 2 Assistant Cooks, 4 Servers, and 2 Bartenders Hours: Monday – Sunday: 11am – 2am; Hours vary by day Seller Training Period: 90 Days Growth Opportunities: Extend hours to be open for lunch Current Owner’s Responsibilities: Runs business without direct involvement in day to day operations. FINANCIAL OVERVIEW List Price: $357,000 Gross Sales 2015: $584,578 Owner Profit/Cash Flow 2015: $155,349 Profit Margin: 26% Valuation: 2015 Cash Flow x Multiple = Price $155,349 x 2.37 = $368,177 Due to the Owner’s desire to sell, the business in being listed at an $11,177 discount. Assets Included in Purchase: $127,499 Equipment: $117,499 10x15 Walk-in Cooler and Freezer - $42,000 2 Fire pits with Gas Hook-ups - $6,400 Electric Pizza Oven - $5,500 Tables, Chairs, Kitchen Equipment, and Multiple TV’s Intangible Assets: Attractive Website, Established Social Media Presence, Niche in Successful Sports Bar Industry Inventory: $10,000 *amounts may vary FUNDING EXAMPLE Purchase Price: $357,000 12.5% Buyer Down Payment: $44,625 22.5% Seller Financing: $80,325 65% Bank Loan: $232,050 After all loan debts are paid the Buyer can expect to receive $97,694 in Profit during the first year of ownership. This represents a 219% return on investment! NEXT STEPS For a detailed financial package, please contact Cortney Sells or one of The Firm Business Brokerage’s professionals at 402.998.5288 or email Confidential@TheFirmB2B.com.

Roadhouse with Nearly $1,000,000 in Sales
$399,000 Cash Flow: $198,329 Seller Financing
Roadhouse with Nearly $1,000,000 in Sales

Adams County, NE

Small town roadhouse diner with over $900,000 in sales and an old school diner vibe. Originally established in 1972, the current owner has continued to make upgrades to this establishment and has made the diner regionally popular. Famous for their wood fired pizza and broasted chicken, this popular diner has a full sand volleyball court with a covered patio dining area, 2 bars, and a recently expanded dining area that seats an extra forty customers. This diner is also well known for its NASCAR theme, with the décor permeating the atmosphere for a fun and exciting atmosphere. This destination location has a menu extensive enough to satisfy anyone and is fully staffed and ready to go for the next buyer. Customers have given this diner rave reviews on several social media sites, with one out of towners raving that they would plan their next vacation with this as a destination. In the first year, after all debts and expenses are paid, a new owner with a down payment of $79,800 can expect to profit $75,452, or make a 95% return on investment. Business Information Year Established: 2010 Location and Service Area: Central Nebraska Lease: Sitting on 6 City Blocks, the 3,000-sqft. location would be leased for $3,000/mo. With a full outdoor volleyball court large enough to host big community events Reason for Selling: Next Chapter Employees: 15 – 7 Kitchen and 8 Wait Staff Hours: M-W 11 AM – 11 PM, TH 11 AM – 12 AM, F-SA 11 AM – 1 AM, and SU 12 PM – 10 PM Seller Training Period: 90 Days Growth Opportunities: More Nighttime Business with Small Bands Current Owner’s Responsibilities: Helps with Kitchen and Serving, Organizes Special Events, and Payroll Assets Included in Purchase: Intangible Assets: Website, updated Facebook with over 2,200 likes, well maintained Twitter account, great social media reviews *amounts may vary Funding Example Purchase Price: $399,000 20% Buyer Down Payment: $79,800 15% Seller Financing: $59,850 65% Bank Loan: $259,350 In the first year, after all debts and expenses are paid, a new owner with a down payment of $79,800 can expect to profit $75,452, or make a 95% return on investment.

Pizza & Fun in W Omaha - $90,000
$90,000 Cash Flow: $12,000 Seller Financing
Pizza & Fun in W Omaha - $90,000

Omaha, NE

Established pizzeria and bar located in a busy intersection, close to schools, in SW Omaha. Post-game home to many area kid's sports teams, this spotless fun stop offers great pizza, plus other menu items which will appeal to anyone in the family, plus beer and wine for adults. Absentee-owned, but an owner/operator can pocket the current management fee. Sales have averaged over $425,000 last three years, but lots of opportunity to grow top and bottom-line revenue. Contact Dennis Huffine, VP - dennis.huffine@resultsba.com, 402-350-6494.

Best in Town Bar Boasting New Improvements of $229,000
$180,000 Cash Flow: $63,424 Seller Financing
Best in Town Bar Boasting New Improvements of $229,000

Cass County, NE

Great cash flow in an inviting neighborhood favorite between Lincoln and Omaha. This growing community still has a small-town feel; there are 2,000 residents in the immediate area and over 25,000 in the county. This Best in Town bar recently underwent a complete remodel costing $229,051 including all new electrical, plumbing, flooring, drywall, two HVAC units and fixtures. The layout of the bar includes a large outdoor patio as well as space to expand on the second floor. This is the perfect mix of old and new: the bar originally opened in the 1930s. Included in the purchase price is all existing equipment (worth $63,365): two three-door coolers, two drink well stations, twelve-tap draught beer system, three bin sink, walk in cooler and much more. The current owner does bookkeeping, inventory and event planning but does not bartend. Up to 90 days of seller training and support is available if needed. It hosts events that include Bunco nights, dart, shuffle board and pool leagues. Social media marketing includes over 1,100 Facebook followers. Year Established: Opened in the 1930s, current owner has operated for over 25 years Location: Cass County; 15 minutes southwest of the Omaha Metro Capacity: Seating for 120, large outdoor patio Demographics: Community of 2,000; over 25,000 in the county Car Count: 5,100 cars drive by each day Employees: 2 FT & 2 PT Hours: Mon-Fri 2pm-2am, Sat and Sun 12pm-2am Current Owner’s Responsibilities: Bookkeeping, inventory and event planning. Owner does not bartend. Financial Overview List Price: $180,000 Gross Sales 2015: $235,508 2014: $190,748 2013: $204,480 Owner Profit/Cash Flow 2015: $63,424 Multiple: 2.9 *Multiples range from 1-5, average being 3 Profit Margin: 26% Valuation: Cash Flow x Multiple = Fair Market Value $63,424 x 2.9 = $183,929 Assets Included in Purchase: $63,395 Equipment: $60,995 includes 2 three-door coolers, 2 drink well stations, 12-tap draught beer system, three-bin sink, walk-in cooler and much more Remodel/Build-out 2014: $229,051 including all new electrical, plumbing, flooring, drywall, 2 HVAC units, fixtures. Inventory: $2,400 *amounts may vary Funding Example Purchase Price: $180,000 30% Buyer Down Payment: $54,000 20% Seller Financing: $36,000 50% Bank Loan: $90,000

Sarpy County Pizza and Bar - $90,000
$90,000 Seller Financing
Sarpy County Pizza and Bar - $90,000

Sarpy County, NE

This Midwest Pizzeria franchise is known well throughout the city by their multiple locations. Their loyal customers have enjoyed the extensive family friendly menu as well as their beer, liquor and wine selection. This business can be owner-operated or absentee-owned. The seller can detail the excellent growth potential. Full training is provided by the growing franchise corporation. Contact Dennis Huffine, VP/Sr Business Broker, dennis.huffine@resultsba.com, 402-350-6494 for details and to arrange a private tour.

Popular Happy Hour Bar off Dodge Street
$82,000 Cash Flow: $38,600 Seller Financing
Popular Happy Hour Bar off Dodge Street

Omaha, NE

After work hot spot in Omaha’s Miracle Hills has been a popular lounge for 17 years right off of 114th and Dodge Street. Drink specials, Keno, comfortable atmosphere and friendly staff of 6 PT Bartenders make regulars out of new customers. Multiple televisions and ample seating attract large crowds for sporting events and especially Husker games. With the capacity of 74 people, this 2,690 square foot facility is a great location for specialty drinks and happy hour specials. With an upstanding reputation and excellent online reviews, the transition of ownership will be fluid with the seller’s assistance. Current owner has two bars and is seeking to downsize to only operating one. The current owner is responsible for ordering, bookkeeping, and only in the bar approximately 10 hours per week. As of now this bar does not offer any food items, this is an opportunity for growth to include simple food items that don’t require a kitchen buildout. A Buyer could own their own bar for only $41,000 down! Location and Service Area: Omaha, Nebraska (Miracle Hills Area – 114th and Dodge) Capacity: 74 People Employees: 6 PT Bartenders Hours: Monday – Sunday 2PM to 2AM Current Owner’s Responsibilities: Ordering, Bookkeeping, and only in the bar approximately 10 hours per week Financial Overview Gross Sales 2014: $160,833 Owner Profit/Cash Flow 2014: $38,600 (Based on Industry Standard) Assets Included in Purchase: $20,000 Equipment: $17,000 – TV’s, Taps, Tables, Chairs, and Coolers Inventory: $3,000 *amounts may vary Funding Example Purchase Price: $82,000 50% Buyer Down Payment: $41,000 50% Seller Financing: $41,000 Become a Bar Owner for only $41,000!

Lake Ridge Golf Course
$650,000
Lake Ridge Golf Course

Plattsmouth, NE

Opened in the fall of 1999 and set on 53-Acres, this is a beautiful 9-hole, Par 36, 2,861 yard golf course. Lake Ridge's championship size greens and 'links' style layout provide the novice golfer with an enjoyable round of golf, while still challenging to avid golfers with strategically places lakes, rolling hill fairways and well placed bunkers. In 2008 Lake Ridge opened the newly completed Clubhouse along with Fairways Restaurant and Caddies Lounge providing superior indoor and outdoor dining and relaxation options. (Option to purchase 50-Residential building lots surrounding the golf course. Inquire) Located 20-minutes South of Downtown Omaha via Hwy 75, adjoining the Beaver Lake development - 2nd entrance on Murray Rd. A part of the Omaha Metro area, located on the Missouri River in Central USA! Access to I-29 and I-80 and the entire Metro business community. Hwy 75 continues its expansion to 4-lane, expediting travel times to the main Metro, yet keeping that privacy sought by many.

Bowling Center with Bar & Kitchen Below Apprasied Value
$995,000 Cash Flow: $114,297
Bowling Center with Bar & Kitchen Below Apprasied Value

Omaha, NE

The property and equipment recently appraised for $1,200,000. Completely absentee owner Bowling Center is for Sale in Omaha Nebraska. Seller wants to focus on much larger business he also owns. The center offers a wide range of indoor activities. The place has been completely remodeled with new synthetic lanes, lighting and sound system with modern scoring system. There is a full kitchen to service all bowlers, bar patrons, and party room. The new party room is a great new revenue source. Besides bowling, they offer darts, pool, keno, pickles, and large game room. The bar has plenty of room for dancing, and many other nightlife fun activities such as a DJ and Karaoke. This is currently an absentee owner operation, and a new owner that is active in the business will greatly increase revenue and seller earnings. For more information on this Bowling Center, please call Jeff Hofflander at 402-578-5800.

Large Southwest Omaha Eatery and Sports Bar
$69,000 Cash Flow: $21,077
Large Southwest Omaha Eatery and Sports Bar

Omaha, NE

New price!!! Large Southwest Omaha restaurant/lounge/sports bar. Over 4,000 square feet and additional outdoor seating. Low lease rate and fixed costs. Turn key operation, everything is included and the owner will train the buyer. Several events are already scheduled for the coming year. Large kitchen with newer equipment. Pool tables, darts, juke box and keno are all money makers. Please call Bruce at PJ Morgan Business Group for more information 402-609-4664

Unique Restaurant/Lounge for Sale in Omaha
$75,000
Unique Restaurant/Lounge for Sale in Omaha

Omaha, NE

Unique restaurant and lodge located in hills of Omaha. One of Omaha's best kept secrets. Turn key operation, everything comes with the sale, just needs a new owner. Wine, craft beers, spirits, full menu and daily specials. Large outdoor seating area. Room to expand, low fixed monthly costs and very affordable rent make this a great buy! Please callBruce at PJ Morgan Business Group for more information 402-609-4664.

Southwest Omaha Lounge
$75,000 Cash Flow: $25,765
Southwest Omaha Lounge

Omaha, NE

For sale is a great little pub on a very busy intersection in Southwest Omaha! Easy turnkey operation with many updates and everything is in great working order! Walk in cooler, 5 beer taps, beer cooler, 3 under the counter coolers and 7 TV’s including a 65” are included. The neighborhood includes thousands of apartments, homes and commercial properties. Parking is accessible and bountiful. There are great neighbors, including several restaurants. This bar has extremely long term customers and bartenders day and night! This bar includes a pool table, Keno, darts, and other cash items. Extremely well kept and clean, this is your neighborhood bar to look at! Please call Bruce at PJ Morgan Business Group 402-609-4664.

Ultimate 450-Person Capacity Sports Bar with $788,000 in Sales
$245,000 Cash Flow: $74,217 Seller Financing
Ultimate 450-Person Capacity Sports Bar with $788,000 in Sales

Omaha, NE

Newly-renovated sports bar in stand-alone building featuring sand volleyball with full tenured staff of 10 employees that allows owner to work only 15 hours a week on bookkeeping and oversight and make $74,217 a year in profit after expenses. The bar has been in business since 1999 and has made quite the name for itself as a great place to grab a drink and eat on game day or anytime. Also adding to the revenue are the 96 volleyball teams that play on two beautiful outdoor sand volleyball courts in three out of the four seasons. The menu has recently been revamped to provide newer, fresher items which increases sales and lowers food costs. This business did $80,000 in build-out for volleyball which has been proven to be successful as 5% of the top line revenue comes from league fees. The primary sources of income are beverage sales (52%) and food sales (39%). Rent is all-inclusive for $7,000/month. Typical cost per square footage for a bar or restaurant averages $1.95 per square foot per month, however for a 7,800 square foot space, this bar is priced a full 54% below the industry average at a rate of only 89.7 cents per foot per month. Located in a well-trafficked area in Northwest Omaha where 28,044 cars drive by each day, this sports bar is a great game-day destination for groups of any size. Up to 457 patrons can visit at one time: 235 inside, 157 in the volleyball courts and 65 in the expansive outdoor beer garden. Unlike many businesses in this industry, this Ultimate 450-Person Capacity Sports Bar has been pre-approved for a bank loan for a qualified buyer. Business Information Year Established: 1999 Location: Northwest Omaha Stand-Alone Building: 7,800 sq. ft. ? Beer Garden ? 2 Volleyball Courts ? Dance Floor ? Parking Lot Capacity: 457 – 235 inside, 157 volleyball, 65 beer garden Lease: $7,000/month; this is 89.7¢ ft/mo which is a full 54% below the industry average of $1.95 ft/mo Reason for Selling: Moving out of State Employees: 12: 1 full-time General Manager, 1 full time Chef, 4 Servers, 4 Bartenders, 2 Cooks Hours: 11AM to 2AM Daily Non-Paid Seller Training Period: 3 Months Growth Opportunities: Schedule corporate events and private gatherings Current Owner’s Responsibilities: Bookkeeping; the tenured staff performs all day-to-day tasks. Financial Overview List Price: $245,000 Gross Sales 2015: $788,545 52% Beverages: $409,419 39% Food: $304,186 5% Volleyball: $35,529 96 teams play Spring, Summer, Fall Sessions 3% Keno: $25,829 1% Other: $13,582 Pickles, vending games, merchandise, etc. 2014: $736,944 Owner Profit/Cash Flow 2015: $74,217 2014: $70,111 Multiplier: 3.3 Valuation: Cash Flow x Multiple = Fair Market Value $74,217 x 3.3 = $244,916 Assets Included in Purchase: $206,700 Equipment: $201,000 in full kitchen, large wrap-around bar, security system, furnishings, signage and over 40 TVs including big-screen TV 2013 New Volleyball Courts: $80,000 in event lighting, outdoor sound system, plumbing/drainage system and imported exotic sand 2015 Remodel & Redesign: $60,000 Inventory: $5,700 Funding Example Purchase Price: $245,000 15% Buyer Down Payment: $36,750 15% Seller Financing: $36,750 70% Bank Loan: $171,500 Bank loan is collateralized by equipment within the business. Loan has been pre-approved for a qualified buyer.