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University Sports Bar & Grill, Night Club And Dance For Sale

Akron-Canton, Ohio
Asking Price:
$299,900 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$900,000 (USD)
Cash Flow:
$180,000 (USD)

Premier market leading university sports bar and grill, nightclub, dance club, and restaurant across the street from a +30,000 student university. “The place to be” around this major university. Owner manages pseudo absentee with excellent management in place. Two facilities with 6,000 SF under roof and two facilities with 8,000 SF patio in between with two DJ areas, huge enclosed patio dance area outdoors. This sky-high Facebook rated college sports bar, night club has 32 TV’s, three bars under one roof, two patios with one open and one enclosed.

Great food, 40 cameras and security system, grossing $900,000 with Seller discretionary cash flow of $180,000 and priced to sell at only $299,900 with potential return of money invested in one and one-half years. Seller notes facility is in mint condition. Just invested $20,000 in new flooring and the new owner is expected not needing to invest anything in the facility coming in. Well done, fully functional, beautiful, strong cash flow, and priced to sell with management and well-trained staff in place. Check this one out.

The information contained herein has been secured from the Seller. Sunbelt Business Brokers of Northern Ohio does not warrant or guarantee in any way whatsoever either the accuracy or the correctness of the information or any assumptions or inferences there from. Buyer should conduct his or her own diligence before buying. This information is subject to change without notice.

Property information

Real Estate:

Lease

Premises Details:

ON REQUEST

Size in square feet:
6,000 sq ft

Business Operation

Reasons for selling:

Focus on other business interests

Employees:
Full Time: 6, Part Time: 20
Years established:
5

Other Information

Support & training:

Seller will negotiate a transition period

Financing available:

Seller will consider some financing for a qualified buyer

Furniture / Fixtures value:
$200,000 (USD) - included in the asking price
Inventory / Stock value:
$25,000 (USD) - included in the asking price

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