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Popular Bar With Classic Games And Great Drinks. For Sale

Mobile, Alabama, US
Asking Price:
$350,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$460,000
Cash Flow:
$140,000

A nice popular bar with a great laid-back atmosphere and a great mix of people, both local and collegiate repeat customers. Located on a busy Road and is close to a major college in Mobile County, AL. Be sure to check out the games, Weekly Specials, and the Happy Hour! This all takes place in the large 4,200 SF facility with an extra-long bar and diverse seating throughout. The interior layout encourages a mix and mingle feel and could be utilized as a meeting space in the two main areas. Equipped with many TVs for all of the big sporting events. Gaming plays a very important part in entertainment with several pool tables several console video machines and a digital jukebox. All gaming proceeds are on a 50/50 split with the supplier. The income from the games, pool table, and jukebox is a good addition to the regular operational income and profits. No food is served but is allowed into the bar. The owner does not work the bar and has good employees for bartending and security. A new owner/operator could realize more income with streamlining and efficiency. Happy Hour and tasty beer with drink specials keep the bar humming 7 days a week. This turn Key business is priced to sell fast.
Annual Revenue $460,000 Cash Flow $140,000
FF&E $ Inventory $ Monthly Rent $
Purchase Price $350,000.00 (includes Inventory)
Call for more information, NDA required.

David Chew (251) 278 - 8171 cell
Vice President (251) 626 - 4949 office
28218 US Highway 98 [email protected]
Daphne, AL 36526 ---.-------------.---
Sunbelt Business Brokers

Real Estate Available: No
Real Estate Included: No

Detailed Information:
Lender Prequalified: No
SBA Prequalified: No

Property Information

Size in square feet:
4,000

Business Operation

Reasons for selling:

Focus on other owned business

Years established:
19

Other Information

Support & training:

30 days support and training

Financing available:

Downpayment Required: NEGOTIABLE

Furniture / Fixtures value:
$20,000 - included in the asking price
Inventory / Stock value:
$10,000 - included in the asking price