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Sports Bar/Tavern/Pool Hall Near Downtown Woodstock

Woodstock, GA (Cherokee County)

Sports Bar/Tavern/Pool Hall Near Downtown Woodstock
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Asking Price: $250,000

Cash Flow: N/A

Gross Revenue: $641,650

EBITDA: N/A

FF&E: $100,000

Inventory: $5,000*

Rent: $4,257 /Month

Established: 2011

*not included in asking price.

Sports Bar/Tavern/Pool Hall Near Downtown Woodstock

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Business Description

A Full-service sports bar and grill in Woodstock, Ga, Townlake area with positive reviews are available for sale. Full menu with burgers and wings along with several unique options. Full-service bar with many liquor options and with domestic and craft beers on tap. Extensive well-maintained billiards and vending machines. The business is a sports bar with a pool hall specialty, ATM and Juke Box. The buildout and equipment are in excellent condition. Dance floor and DJs every Friday and Saturday night with a cover charge, great income from gaming machines, Lottery, Jukebox, ATM Machine, and Pool tables.

We are considering this absentee-run operation as an asset sale with net sales for 2018 of $641,650 and $652,560 for 2017 and $715,896

Other monthly income:
Door charge: $3000
Lottery: $5,900
Gaming machines: $2,000
Cigaret Vending Machine: $400
ATM: $250
JukeBox: $250

5 years remaining on the lease and an option to renew for another (5 years) with a monthly gross lease of $4,257.

This neighborhood bar and grill have developed a loyal and dedicated clientele with many growth opportunities for an owner-operator. The layout features open spaces, with partitions to create area separation. The large outdoor patio has been covered and air-conditioned. Large base of loyal, regular customers along with new potential customers within walking distance provides a great opportunity for a new owner.

PROOF OF FUNDS AND SIGNED NDA MUST BE RECEIVED PRIOR TO DISCLOSING ANY FURTHER INFORMATION. THIS IS AN OPERATING BUSINESS; PLEASE REFRAIN FROM SPEAKING TO STAFF OR MANAGEMENT. Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please call us to discover the difference that is. 678-777-0147

Detailed Information

Location:
Woodstock, GA
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
4,000
Lease Expiration:
6/30/2024
Employees:
16
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Growth & Expansion:
Opportunity to increase sales even more by introducing delivery service, third-party services such as Grub Hub and Uber Eats, catering, and much more.
Financing:
No seller financing available.
Support & Training:
General manager and regional manager Owner will train for two weeks at no additional cost.
Reason for Selling:
health reason
Business Website:
http://restaurantsbrokers.com/
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Contact the Seller

(from currently available funds)
 
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Driss Senhaji

Business Listed By:
Driss Senhaji

Atlanta Business Brokers LLC

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business.

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