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Profitable Franchise Sports Bar Restaurant offered for sale by We Sell Restaurants. Great franchise, Tex Mex Sports Bar themed location features a brilliant build out package and even better food. State of the art audio and video system featuring all of the sports programming fans and families are looking for. Clients also enjoy action packed video games while they wait to dine or after the meal.
This restaurant has been serving delicious food and outstanding beer selection that keeps the entire family happy and coming back for more. The food is fantastic and this franchise concept has service down pat on a sports bar that offers more than the rest whether you're with family or friends, co-workers or teammates.
This franchise was established in 1994 and has created consistency in fresh food, presentation, and service in a segment of fast casual that consumers just can't get enough of.
Gross sales for 2008 were a healthy $1.7 Million with a return to the owners of $130,000. Business has an outstanding lease for a 4600 square foot space with a 900 square foot patio area is only $7250 - well below market value AND it's fixed rent from 2009 - 2017 at only $8000 a month. The new owner will have plenty of potential for earnings on this low fixed cost.
Facility has large and fully equipped kitchen with grease trap, hood, coolers and all the equipment you need to handle the crowds on game night. Corporate owner is absentee and wants to sell so they can continue growing this concept. Some potential for owner financing on a portion of the purchase for the right individual.
RENT: Excellent rent terms - (15 Years Available) - on prime shopping center space with tons of parking and A++ location.
Let the Professional Brokers at We Sell Restaurant assist you. We Sell Restaurant is one of the nation's largest restaurant brokerage firms. We specialize in selling restaurants, selling bars and selling nightclubs. Headquartered in Atlanta, We Sell Restaurants serves Georgia, Florida, and South Carolina with expansion pending into Alabama and North Carolina. The name We SELL Restaurants is known in the industry for professionalism, industry knowledge and unmatched service.
We Sell Restaurants is dedicated to providing first class service to Restaurant Buyers and Sellers and is known coast to coast as Your Best Choice for Buying or Selling a Restaurant.
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General Information
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| Listing Status: |
Sold |
| Price: |
$299,000 |
| Location: |
Atlanta Restaurants for Sale |
| Last Year's Annual Gross: |
$1,754,550 |
| Last Year's Adjusted Net: |
$145,000 |
| Lease Information: |
Expires 1/31/17 plus 5 yr option |
| Monthly Rent: |
$8,000 |
| Liquor License: |
Beer/Wine/Full Liquor |
| Indoor Seating: |
100 |
| Outdoor Seating: |
40 |
| # of Part-Time Employees: |
20 |
| # of Full-Time Employees: |
8 |
| Hours Open: |
Mon-Tuesday 11am to Midnight
Wednesday - Saturday 11am to 2am
Sun 12pm to Midnight |
| Year Established: |
2007 |
| Inside Sq. Ft.: |
7250 |
| Hood System: |
Yes |
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Highlights
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- Franchise Tex Mex Sports Bar
- Earnings of six figures
- Excellent High Traffic Location
- Great Lease - 15 years Available at very Attractive Pricing
- Proven Concept
- Potential for Partial Owner Financing for Qualified Buyer
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