Listing Number: 60270-613812
Description
If you are looking for an opportunity to run your own Bar and Restaurant, look no further. Game Time Sports Bar & Grill has something for everyone! Located in the heart of Cheviot, Ohio @ 3613 Harrison Ave. you will find a 7000 sq ft building with endless opportunities to thrive as a business owner. The building also has 2 parking lots with ample street parking.
This Sports Bar has been voted Best Sports Bar, Best Wings, Best Burger and Best Sand Volleyball Courts in the city just to name a few. The most attractive quality about this business is the endless revenue streams you can pursue. Game Time boasts a full kitchen serving patrons.
Game Time has a full Event Center with catering ideal for large events such as birthday parties, anniversaries, or fundraisers. The Event Center holds 150 people and can be rented as private/separated from the Sports Bar. The event center has separate entrances, restrooms and its own bar. As an owner you can make money on rental fees, bar sales and food sales.
The main bar area is equipped with a stage for live music. You can hire bands to play or have a DJ for weekend parties. Karaoke is a fun option as well!
The greatest asset to the business is the Sand Volleyball Court. Built in 2012, the court allows families, friends and people of all ages to get together and compete in some friendly competition. Game Time has leagues 6 days a week for 33 weeks! This results in consistency for bar sales and food sales.
This thriving business is a complete turnkey handoff. All the equipment and amenities needed to continue the success of this business are included with the purchase. Such items are: 25 TVs, Toast Cash Register System, bar stools, tables, coolers, kitchen equipment, back-office equipment, draft beer system, just to name a few. The purchase also includes all licenses, liquor license, food service license, gaming license and music license.
Purchasing the business also means assuming the lease. The lease for Game Time is a triple net lease with renewal options. We are currently in a 5-year lease with option for 5 more years. This continues as long as you want it to. The lease also establishes that rent will never go up. This helps for planning for the future.
Game Time is always bustling with loyal customers along with new faces every day. You do not want to miss out on this all-inclusive opportunity.
SDE: $151,176
Sales: 817,009.45
FF&E: $50,000
Inventory: $16,000 (not included in sales price)
Leasehold Improvements: $200,000
Sales price: $499,000
Listing Details
- Price: $499,000
- Down Payment: $499,000
- Sellers Discretionary Earnings: $151,176
- Total Sales: $817,009
- Location:
- Inventory: $16,000
- FF&E: $50,000
- Employees: 10
- Year Established: 2004
- Reason for Selling: Owner is opening a new bar closer to home.
- Category: Liquor Related Biz
