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Polaris Area Sport Bar

Lewis Center, OH (Delaware County)

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Asking Price: Get Financing: $325,000

Cash Flow: $140,000

Gross Revenue: $730,000

EBITDA: $1

FF&E: $100,000

Inventory: $4,000*

Lease Rate: $5,000 /Month

Established: 2013

*not included in asking price.

Polaris Area Sport Bar

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Business Description

Fantastic local sports bar and grill with weekly live entertainment. This location has become a staple in the Polaris area with several years of growth and development. Excellent place to bring the family for good meals or to meet up with friends and enjoy local bands. Strong development of local clientele with year over year sales development. This is a great opportunity for an owner / operator to take over a well-established operation with a strong forward looking outlook. Owner requiring PFS and CA prior to release of information. Highly Confidential!

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Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
4,600
Lease Expiration:
5/1/2023
Employees:
10
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This site was redeveloped over 5 years ago and has developed into a strong restaurant with a sports theme and excellent live entertainment. The business has continued to grow and develop over the years. There is a good size kitchen that supports a full service menu, two bars to handle late night volume and live entertainment stage for local bands. This location has everything a sports bar operator would desire.
Competition:
Strong clientele development with tons of new growth in the area. Lots of developing business and clients to continue growth sustainability
Growth & Expansion:
Great opportunities to develop delivery and off-site business as well as increasing lunch time segments.
Support & Training:
Owner will provide on-site training during transition period.
Reason for Selling:
Owner is focusing on a new business path
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(from currently available funds)
 
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Brett Post

Business Listed By:
Brett Post

3CRE Advisros

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