Sports Bar In Tacoma For Sale

Business description

This sports bar has a Class H liquor license with Class B hood system located near the Tacoma Dome in Pierce County. Approximately 3,200 sq ft with seating for approximately 85. Substantially renovated with new roof, heating, air conditioning system, electrical, and plumbing within the last 3 years. Currently operated absentee due to owner's other business ventures. Two full time and 10 part time employees. Serve appetizers, lunch, dinner and beverages from 2 PM to 2 AM with earlier hours on the weekends. Voted best runner up neighborhood bar in one regional review and best bar in Tacoma in another published review. Real estate available to purchase for $350,000 or lease with option to purchase at $3,000 triple net for a qualified purchaser. Terms possible. Cash flow for business reflects an allowance rent of $36,000 annually.

Property information

Real Estate:

Real Property Included

Location:

This is an ideal neighborhood location generating a solid customer base

Premises details:

This is a single level building with ample street parking and alley access

Size in square feet:

3200 sq ft building

Business Operation

Expansion potential:

There is an opportunity to expand hours of operation to offer a breakfast menu and earlier lunch crowd.

Competition / Market:

There are other bars and eatery in the vicinity, but this is a widely published regionally highly reviewed establishment.

Reasons for selling:

To pursue other business ventures

Trading hours:

Daily 2 PM to 2 AM with longer hours of operation on the weekends

Employees:

12

Years established:

4 years

Other information

Support & training:

Seller willing to assist in transition with training for a limited period of time from date of closing at no additional cost to buyer

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

All cash or such terms as are acceptable to seller

Furniture / Fixtures value:

$105,000 (included in the asking price)

Inventory / Stock value:

$5,000