Sports Bar With Food And Dancing For Sale

Business description

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This is a long established, very popular sports bar with food & DJ dancing located in Westland area. 75% of sale are bar and 25% food. The entire bar was remodeled several years ago at a cost of $165,000. Updates include a new kitchen with a conveyor pizza oven, dough spreader, grill, ovens, fryers, hood system mixer refrigeration, freezers and more. There are numerous large flat panel TV’s throughout the bar. There is a DJ booth, fully equipped, dance floor with lighting, and a vending game area which brings in extra revenue. In addition, the bar offers Keno which averages $2000 to $2500 per month in commission.

The active seller has been running the operation and is burned out. This bar has supported two families over the years. It is ideal for two partners.

Property information

Real Estate:

Lease

Lease terms:

new 5 years with 2-5 year options

Leasehold rent:

$3,000 including Real Estate taxes per annum

Size in square feet:

3,000

Other information

Support & training:

seller will train

Reasons for selling:

partnership dispute

Trading hours:

7 days

Owner financing:

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

Financing available:

seller financing available with $100,000

Inventory / Stock value:

$7,500