Sports Bar - UPDATED
Location: Des Moines, Iowa
Type: Sports Bar
Financial Information: General Information:
Purchase Price: $225,000
Years Established: 10 year(s)
Annual Sales: $900,000 to $1,000,000 Required License(s) Liquor, Beer, Wine, Games, Food Estb. Sales Tax
Annual Net Profit: Employees: 5 Fulltime, 15 Part-time
Recasted Cashflow: Business Hours: 11:00 am to 2:00 am 7 days a week
Equipment Value: $200,000 Reason for Sale: 25 years in the bar business is long enough
Inventory Value: $25,000
Terms: Cash, might consider contract
Building and Property: Additional Comments:
Monthly Rental: $6,000
plus CAMS
High Traffic, Popular place. Room for bands.
Lease Information: New lease needs to be negotiated
Square Footage: 5,800