427 E Maden St Washington PA. 15301
At a Glance
A popular sports bar near Washington and Jefferson College is a vibrant hangout that has catered to students and locals for many years.
This incredible opportunity offers a unique blend of entertainment, casual dining, and an upbeat atmosphere.
This bar boasts team memorabilia, multiple flat-screen TVs strategically positioned around the wrap-around bar, and a full kitchen, equipped with a large oven, stove, fryers, coolers, and more. Whether you are on the spacious downstairs level with a private back room, well-stacked bars, sports-themed tables, and plenty of games to enjoy; or upstairs with a bar and spacious area that serves private parties; this place is a steal at the price with LL valued at $83,000, low rent, high profits, in an easy to access location.
Watch the SAG video and give us a call!
The Numbers
Asking Price: $200,000
Gross Revenue: $368,000
Cash Flow: $15,000 plus per month
Liquor License: Yes, Washington R = $80,000
Sq. Ft: 2,500 up and down
# Of Seats: 45 down, 45 upstairs
Listing Features
FF&E: Yes
Real Estate: Leased = $1,750, 36 months remaining
Year Established: 2021
Support/Training from Sellers: Yes
Reason for Selling: Other business interest
Competition/Market Pros: This is a small neighborhood sports bar. With a limited food menu. The space is in need of a facelift but likely won’t happen until a new owner is able to purchase the building.
Growth and Expansion Opportunity: The business could increase sales if new ownership did some renovation and unified the look of the space. The 3rd floor room could be much more utilized as local private event space. Food menu/sales could be expanded.
“"She handled my constant questions and concerns with compassion and professionalism. Couldn’t have done it without the team! Much gratitude and praise is definitely due." ”
Terry
Sam's Pop & Beer
“You guys are a great company. [Jeff] and Ron have been very patient and informative. Very glad we're selling through you. People over money is most important to us and you've shown that as well. ”
Randy
Bob's Beverage
“Sofranko Advisory has always done excellent work for me and my clients....Their capabilities are second to none. I always highly recommend them.”
David Glickman
Newmark Knight Frank
“It was my pleasure doing business with Sofranko Advisory Group and my representative Paul Alexander. Paul showed true expertise in the sale of my bar & restaurant. He exceeded all expectations and closed my deal exactly how we discussed. He providing me with constant updates and feedback throughout the process. My experience was second to one. I would highly recommend using Sofranko and Paul in all sides of bar and restaurant business”
Justin
Iron Creek
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Jim
The Vault
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Big Shot Bob’s House of Wings
Big Shot Bob's House of Wings
“I'd like to thank Ronald Sofranko for the great job you did for Maxwell's Pizza Bellevue helping facilitate the liquor license process.”
Christina
Maxwell's Pizza