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Colorado Springs Sports Bar With Live Entertainment For Sale

Colorado Springs, Colorado
Asking Price:
$225,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$438,829
Cash Flow:
$146,224

Large but manageable facility with upgraded equipment!

This Academy Boulevard location is a full sports bar and grill and entertainment facility, offering customers live music as well as the finest in cold beer and mixed drinks. They have numerous flat-screen televisions throughout the bar in addition to a large projector screen for special events. The food menu is basic American fare with items such as chicken wings, fries, burgers, sandwiches and daily specials. This has become National touring bands and performers venue of choice in the Springs because of the acoustics and the fact that they have one of the largest stages.

Operating from a leased facility that is approximately 4,500 square feet, they have a transferable tavern license that can be assumed with qualification. There is also an outdoor patio area and the indoor space has high ceilings and is ideal for live music.

Property information

Real Estate:

Lease

Premises Details:

4,500 square feet.

Business Operation

Expansion Potential:

Gross revenues yearly continue to grow. As Colorado Springs becomes more and more aware that there is a great place locally to visit for live music, great food and drink, as well as pool, it should only continue to increase. A new owner could expand upon the food menu and even try to build a lunch crowd if desired by offering more daily specials and limited deliver to the nearby businesses. The bar location is convenient and easy to get to from all parts of Colorado Springs. An excellent opportunity to be in the entertainment industry.

Reasons for selling:

Partner/manager needs to spend more time at home with young children.

Employees:
5
Years established:
2000

Other Information

Support & training:

Negotiable as required by Purchaser.

Furniture / Fixtures value:
$125,000 - included in the asking price
Inventory / Stock value:
$3,500 - included in the asking price

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