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Sports Bar and Grill in Sierra Vista

Sierra Vista, AZ (Cochise County)

Seller Financing Available
Where everybody knows your name
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Asking Price: $249,000

Cash Flow: $139,000

Gross Revenue: $704,000

EBITDA: N/A

FF&E: $45,000

Inventory: $10,000*

Rent: $4,500 /Month

Established: 2012

*not included in asking price.

Sports Bar and Grill in Sierra Vista

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Business Description

Established. Popular. Lang-standing. Comfortable. Priced to sell at below average multiple. Seller shows solid Cash Flow with a new POS that backs up the numbers, and ready to move on after 7 years. 2019 projected revenue and cash flow "annualized" from Seller's QuickBooks in late July. If you have ever wanted to be a "bar keep" with a proven restaurant menu, manage a well-trained staff, and work with a motivated landlord, now is your chance. This won't last. Classic sports grill and bar located in Sierra Vista's heart of commerce. A mainstay for locals who enjoy quality food and snacks, great service, comfortable setting, pool tourneys, and sporting events on multiple wide screens. FFE included in the price, but Inventory is NOT included in price (averages $10,000). Contact broker Bill Swan for NDA, review qualifications to purchase, photos and location.

Detailed Information

Location:
Sierra Vista, AZ
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
6,000
Lease Expiration:
6/30/2020
Employees:
12 to 14
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Sports Bar with #6 license, kitchen/grill for snacks, appetizers, lunch and dinner. Full-service bar, comfortable booths, tables and separate standup bar to watch multiple TVs with special sporting events. 6 Pool tables, Video Games, ATM.
Competition:
Good visibility, long history in same location, located on Sierra Vista's "Main Street", a favorite with a dedicated local trade. Consistent sales. Web-based ordering and accompanying delivery services for the Grill menu was recently instituted and has added another generous income stream.
Growth & Expansion:
Owner always tweeking menu and improving customer services to grow the revenue. Might be time for more focus on social media promotions and increased community outreach.
Support & Training:
Negotiable - will insure smooth transition
Reason for Selling:
Other business interests
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Contact the Seller

(from currently available funds)
 
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Bill Swan

Business Listed By:
Bill Swan

Tucson Business Investments

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Sponsoring Broker:
Jon Barger, CBB, SBA

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