Sports Bar: Pub Style Neighborhood Restaurant

Sports Bar: Pub Style Neighborhood Restaurant

Photo By Gokham Okur
Price: $199,000

Location: Louisville, KY

Industry: Restuarant

Listing ID: 6498468

This Sports Bar / Family Friendly Pub has been in business for over 18-years. The Restaurant is an established franchise. It has a neighborhood pub-style that makes it a favorite with families and sports fans alike.
Great franchise support and extremely low royalties buy this Pub national advertising and tremendous name recognition.

The Menu is reasonably priced with something for everyone. This particular location is an ideal setting for success, as proven by its decade-and-a-half-long history. It is anchored in a popular shopping center with tons of parking, and easy access from two major thoroughfares. Location is further optimized by retail shops and businesses bordering densely populated middle to upper income neighborhoods.

Total Sales: $879,750

Cash Flow: $69,997

EBIT: 28736

EBITDA: $28,736
FFE Included: Yes

FFE: $240,000

Reaseon For Sale:

Retirement

Training & Support:

The business has two key employees, both are bartenders and serve as restaurant managers. These Key employees are NOT owners. They have been with the business for well over a decade and will also assist with training. Business is not reliant upon the owner for its success and should make a smooth transition.Master Franchise requires Buyer to attend a minimum period of franchise training. Seller will stay on to train and assist buyer through the transition.

Year Established: 2002

Managers: 2
Monthly Rent: $5,512

Type of Location: Shopping Center with Solid Anchor

Square Footage: 3,150

Facilities Information:

Retail Shopping Center Location with access from two major thoroughfares. Nice setting, and Lots of parking. Great afternoon lunch/ business crowd and neighboring subdivisions provide booming bar business in the evenings. Nearly 20 years of success in this ideal location.

Competition:

Established loyal-customer base. The Master Franchise provides excellent support but charges some of the lowest royalties in the franchise restaurant market. The cost of royalties can make or break a business given thin margins in the restaurant industry. TThis one offers terrific support and advertising without the high royalties of many other Master Franchises.

Otis Florence

Phone: 502-425-0995
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Otis Florence