Sports Bar, Restaurant and Event Center.

Woman toasting

TYPE OF BUSINESS:   Sports Bar, Restaurant and Event Center, This business was established over 15 years ago and the current owners have operated the business since 2004. The Bar area includes Pool Tables, Darts with a customised electronic dart board, Foosball Table, Juke Box, Flat Screen TV’s, Pull Tabs, Outdoor Volleyball Courts with plenty of Sport Decor and Beer Signs. Restaurant serves Breakfast, Lunch and Dinner 7 days a week. The Event Space has two separate rooms, one room seats up to 50 people and works great for Corporate Meetings, Groom’s Dinners, Bridal Showers and Personal Parties. The large room seats up to 450 people for Weddings, Trade Shows, Corp. Holiday Parties and Bands etc. Now it’s nothing like office space for rent Bangkok because the layout is different, but it’s still pretty good. There is tremendous potential to increase sales and profits by maximizing the Event Space, Catering and Outdoor Space. 15++ events booked so far in 2013.This business is located about 1 1/2 hours north of the metro.

 

FACILITY: The Business operates in approximately 11,250 sq. ft. building with a new roof and fresh paint on the outside of building summer of 2012 with a large asphalt parking lot.

 

EMPLOYEES:  1 owner absent and 1 owner operator with 7 part time employees.

 

GROSS SALES/CASH FLOW: Gross sales for 2011 were $393,843 and 2010 were $438,000.

 

ASKING PRICE: The owner is asking $135,000 for the business, which includes furniture, fixtures, equipment and inventory, valued approximately $120,000 and $490,000 for the Building and Property. This is a turnkey operation and an outstanding opportunity for someone who has hospitality / event experience. SELLER WILLING TO OFFER CONTRACT FOR DEED TO A QUALIFIED BUYER.

 

REASON FOR SALE:  Retirement.

 

 

Important Notice: The above information has been provided by the Seller.  Neither

The 20/20 Group, Inc. (d.b.a. Opportunities In Business) nor its agents guarantee its accuracy or comprehensiveness. 7710, 7711  b.k.

 

This entry was posted in Uncategorized and tagged , , , , , , , on by .
Bill Kraemer

About Bill Kraemer

Bill Kraemer brings a unique skill set to the business broker arena. As a former business owner himself, Bill understands what it takes to develop, build and successfully sell a business for maximum value. He has the unparalleled ability to indentify individual strengths and align buyers with the proper businesses. His passion, experience and honest approach give him the ability to relate to business owners and their enterprises. Bill has over 28 years experience in the Minneapolis/St. Paul marketplace and has established a reputation as a trusted business advisor to clients and businesses alike. He specializes in buy/sell transactions spanning across manufacturing, distribution, franchises and service industries. Bill lives in Apple Valley with his wife of 28 years, Susan and their two children – Lauren and Nick. Bill loves spending time with family and friends and is an avid outdoorsman.

Leave a Reply

Your email address will not be published. Required fields are marked *