Locals Favorite Sports Bar & Eatery
(Bars, Pubs and Taverns, Miscellaneous Restaurants and Bars)
Basalt, Colorado
Listed Price: $ 135,000
Listing ID: 201927
Listing DetailsGross Revenue: $ 345,000
Cash Flow: $ 45,000
FFE: $ 50,000 (Included in Price)
Inventory: $ 12,000 (Included in Price)
Reason for Sale:
Retirement
Training & Support:
Seller will provide effective training and knowledge transfer to the Buyer in all matters relating to Company operations.
Listing SummaryBusiness Description:
Opportunity to own one of the most well-known and longest running bars in town, with a rich history and loyal clientele! Run it yourself or have someone else operate for you. Pool tables, arcade games, big screen TV’s and full kitchen with pizza oven. Built-in client base, and solid reputation. All qualified Buyers and their representative will be required to sign a Confidentiality Agreement before receiving any financial or other confidential information.
Competition:
Location with little competition, other restaurants, have bar seating, but no other local sports bar with pool tables and pub menu.
Potential Growth:
Growth could come from expanding social media advertising, adding more live music events, being open for lunch and/or doing more outside catering.
Financing/Terms:
The Seller will entertain offers of varying financial and legal structures.
LocationFacilities:
3,335 sf of leased space with signage visible from busy Highway 82.
OperationYear Established: 1995
Employees: 7 PT
Absentee Owner: No