Tupelo Data Room
American Restaurants, Bars, Pubs & Taverns
Active

UNDER CONTRACT Turn-Key Sports Bar & Grill – Profitable, Growing

Georgia, United States
listing image
Asking Price$399k
Revenue$1.18m
EBITDA-
Cash Flow$175k
Description
UNDER CONTRACT Imagine owning a thriving neighborhood gathering spot where friends meet, fans cheer, and great food keeps them coming back. This isn't just a restaurant—it's a community hub with a loyal following, stellar reputation, and a track record of consistent growth. Why This Opportunity Stands Out: This well-established sports grill has been serving up good times and great food since 2005. Tucked into a highly visible shopping center in one of Savannah's most desirable neighborhoods, it offers the perfect blend of accessibility, atmosphere, and profitability—without the downtown hassles of pay parking and tourist crowds. The Numbers Tell the Story: - 2024 Revenue: $1,178,967 (up 10.8% from 2023) - 2024 Cash Flow (SDE): $174,658 (up 39% from 2023) - 3-Year Revenue Growth: 20%+ - Asking Price: $399,000 (just 2.3x cash flow—well below industry median of 2.9x) This business is priced to move—offering exceptional value for a buyer ready to step into a proven, profitable operation. What Makes This Business Special: ? Loyal Customer Base – Regulars love the laid-back vibe, creative menu, and game-day atmosphere ? Prime Location – High foot traffic, easy parking, great visibility ? Diverse Revenue Streams – Lunch, dinner, catering, happy hour, and live entertainment ? Flexible Owner Hours – Currently just 30 hours/week; room for an owner-operator to maximize profits ? Strong Online Presence – Active social media following and positive reviews ? Affordable Rent – Only $4,700/month for 2,100 sq ft (below market for the area) The Menu & Experience: While many diners are struggling or closing nationwide, this business has thrived by evolving with the times. The menu features elevated comfort food, craft cocktails, vegetarian options, and rotating specials that keep things fresh. Live music and big-screen sports create an energetic, welcoming atmosphere that appeals to young professionals, families, and sports fans alike. Why the Owner is Selling: After 20 years of pouring heart and soul into this business, the current owner is ready to pass the reins to a motivated entrepreneur. This is a rare chance to acquire a well-oiled machine with upside potential—without the typical startup risks. Industry Snapshot: The restaurant industry is evolving, and businesses that adapt are winning. According to DealStats, full-service restaurants in the $1M–$5M revenue range are selling at a median of 2.9x EBITDA. This opportunity is priced below that benchmark, offering immediate equity for the right buyer. While some markets (like Long Island and New Jersey) have seen diner closures due to high rents and changing consumer habits, this business has bucked the trend by: - Keeping rent affordable - Offering a curated, modern menu - Building a loyal local following - Adapting to evolving tastes and dining habits This isn't a struggling legacy business—it's a profitable, growing operation ready for its next chapter.
Furniture Fixtures & Equipment
$25k
Inventory
$8kIncluded in Asking Price
Number of EmployeesFull-Time: 8
Year Established
2005
Reason Selling
After 20 years of pouring heart and soul into this business, the current owner i
Facilities & Assets
This turn-key operation includes everything you need to hit the ground running on Day One: ? 2,100 sq ft of Well-Designed Space – Efficient kitchen, comfortable dining area, full bar setup, multiple big-screen TVs ? FF&E Value: $25,000 – Fully equipped commercial kitchen, bar equipment, POS system, furniture, fixtures, and décor ? Inventory: $7,500 – Included in sale (food, beverages, supplies) ? Prime Location – High visibility, ample parking, easy access ? Established Vendor Relationships – Seamless transition with existing suppliers
Support & Training
Seller will provide mutually agreed-upon transition assistance
Market & Competition
Strong Market Position: This business operates in a highly desirable location, avoiding the saturation and tourist dependence of downtown Savannah. The neighborhood demographic is ideal—young professionals, families, and students—who value quality food, a relaxed vibe, and convenience.
Growth Opportunities
This is a rare opportunity to acquire a profitable, growing business with 20 years of proven success—without the headaches of a startup. The financials are strong, the location is ideal, and the upside is real. This is an exceptional opportunity for an entrepreneur or strategic buyer seeking an established Sports Grill in a booming Southern market. Confidentiality agreements are required to receive an Executive Summary; full financials will be available after a scheduled private tour with the broker and owners.
Financing Options
Seller financing is available.Seller May consider partial financing
Asking Price$399k