MUST SEE Consistently HIGH-MARGIN for this HOT SPOT
At a Glance
Well-known bar for sale with high profit and low overhead, known for attracting pool and dart leagues as well as plenty of regular drinkers. This establishment boasts a successful business model and dedicated employees.
1. Profitability: This bar has a history of generating substantial profits, indicating a strong customer base and effective inventory management.
2. Low Overhead: This business is efficient in its operations and inventory control, keeping overhead costs such as food/beverage, utilities, and staffing expenses to a minimum.
3. Attractive Amenities: Patrons gather to watch their favorite sports events on multiple screens. The inclusion of pool and dart leagues enhances the bar's appeal, attracting both competitive players and spectators. This creates a lively and engaging environment easily managed by their experienced staff.
4. Drinkers' Haven: The bar is well-known for serving quality beverages, and it has a reputation for being a go-to spot for those who appreciate a wide selection of creative cocktails and drinks.
5. Turnkey Operation: This bar is positioned as a turnkey operation, meaning it is ready for a new owner to take over without significant modifications or investments.
Overall, this establishment presents a promising investment opportunity for someone looking for success in the hospitality industry with a business that has a proven track record of profitability and a well-established customer base.
The Numbers
Asking Price: $550,000
Cash Flow: $225,000+
Liquor License: Allegheny County "R"
# of Seats: 65 with Potential for Outdoor Seating
Listing Features
FF&E: Everything including updated POS, complete camera system, flat-screen TVs
Owned or Leased: Asking price does not include Real Estate / Opportunity to purchase
Year established: 2006
Growth & Expansion: Large Parking Lots / Plenty of unused space & room for expansion
Market Pros: Well-established and experience staff that will stay with new owner, maintains low payroll
Opportunity: Potential for Owner to live on-site and/or purchase RE / Over 2000 sqft additional space
“"Everyone we have dealt with from Sofranko Advisory Group has been diligent, honest, and professional at all times. I have recommended their services to close friends of mine and will continue to do so in the future."”
Big Shot Bob’s House of Wings
Big Shot Bob's House of Wings
“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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Randy
Bob's Beverage
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Christina
Maxwell's Pizza
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Terry
Sam's Pop & Beer
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Jim
The Vault