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Prime location sports bar with a back patio and located beside a well-known university is available for acquisition. This business was originally established in 2014 by the current owner of the business. The university that is nearby this business has a great relationship with this business that attracts many students to this sports bar. Most of the customers are young adults and college students from the nearby university campus as well as the densely populated neighborhoods. Net sales average was $920,000-$940,000/year that has shown a trend of consistent slight growth throughout each year of operation without any proactive marketing other than happy hour service. While word of mouth and happy hour service has brought a steady amount of customers, proactive marketing from other sources is needed to acquire new customers from other areas and generate more revenue. There are numerous ways to actively market this business that range from direct mailing, build signage, creation of business website, delivery service, event planning, and student discounts that will attract the densely populated university campus. Utilizing the marketing tactics towards the students from the university campus will be extremely beneficial for this business as these young adults have lots of disposable income. Their menu has various selections of items such as appetizers, bar food, sandwiches, pizzas, entree meals, desserts, and a wide selection of draft beers as well as liquors. This business is placed in the perfect area to generate more revenue and acquire extensive amounts of new customers that can be done with a potential buyer that is fully involved into the business while proactively marketing.
This business is located in a prime 5,800 SF retail strip center surrounded by various populated residential neighborhoods and is beside a university campus. This also includes the large mall that brings immense traffic to this business. All equipment has been immaculately maintained and is in working condition.
Marketing has been done through word of mouth and happy hours, but other proactive marketing methods are needed to truly generate more sales.
One competitor is within the immediate market area, but this business is much bigger than the competitor as well as having a fantastic relationship with the nearby university.
The current owner of the business will provide the necessary training the smooth out the transition into the business operation.
100% down at the time of closing or 50% Cash Down with SBA Financing for Qualified Buyers with Industry Experience.
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