Business For Sale Listing 138824
Own Your Own Sports Bar, Party Spot and Restaurant
Status as of Dec-2-2008 at 06:02 PM: Off The Market
Business Summary
This turned-around sports bar, party spot & restaurant has the space for expanded themes and has recently extended its reach through live entertainment, private parties and event hosting. Under new owner in 2007, sales increased 22% over prior year. With seating for 200 in 4 separate areas and current table-turns of substantially less than one per-day—there is room for a doubling of the business. It is located in the heart of the town center, situated at the gateway to the pine country region and only one-hour from the greater Phoenix Metro area—and 20 degrees cooler. It occupies a 7,000 sq. ft. converted historic home and is frequented by families in the region as well as hotel/motel clientele and second homeowners living in an array of gated communities and cabin communities. The region has been listed as one of the most popular places in the country for second homes. Fueled by its cooler weather, four-season living, terrific air quality and outdoor activities—the region has been ranked as one of the fastest-growing retirement communities in the nation. With its main street frontage and situated across the road from a retail & movie theatre plaza (and future hotel) this 1-acre prime location will soon be enhanced by the next-door 50,000 sq. ft. multi-building county office complex. Also within walking distance is a recently completed 8-building professional office plaza servicing the next-door regional medical center. Situated on Main Street it is in the heart of an area of focus for the city fathers—as it is the prime route for many city "street events". Just south is a casino and a scheduled new regional event center, 200-room hotel & upgraded fairgrounds. When you factor the hotel, office complex & event center projects with the carryover of marketing success already seeded by the current absentee-owner in 2007, the foundation would appear to be in place for maximizing sales potential in coming years. Owner consider with/without real estate.
Categories
| Industry: |
|
| Location: |
|
| Other: |
|
Industry
Location
Financials
